Thursday, December 8, 2022
 

Bitcoin SV (BSV) Price Prediction: Will BSV reach $100 in 2022?

  • Bullish BSV price prediction ranges from $60.12 to $99.75.
  • BSV price might also reach $100 this 2022.
  • BSV’s bearish market price prediction for 2022 is $45.57.

Bitcoin SV is a blockchain project that is a hard fork of Bitcoin Cash (BSV). Its native coin is BSV.

Bitcoin SV investors are bullish on the coin though BSV has decreased in price by 88.59% in the past one year. The crypto bubble of 2021 led to an increase in the price of BSV to its present all-time high (ATH) of $491.64 which was attained in April 2021. Irrespective of the recent crypto winter, BSV investors are confident that the future of BSV is bullish.

If you are interested in the future of Bitcoin SV (BSV) and would want to know the price analysis and price prediction of BSV for 2022, 2023, 2024, 2025, 2026, up to 2030, keep reading this Coin Edition article.

What is Bitcoin SV (BSV)?

Bitcoin SV stands for Bitcoin Satoshi Version. Its native coin is called BSV. Bitcoin SV is a blockchain project that was created on November 15, 2018, as a hard fork of Bitcoin Cash during its split to Bitcoin Cash ABC (the present eCash) and Bitcoin SV.

The developers of the Bitcoin SV node that is led by nChain chief scientist Craig Wright and another proponent of BSV Calvin Arye supported the split due to their belief that they are protecting the initial whitepaper of Bitcoin (BTC).

Presently, the block size of the Bitcoin SV blockchain was increased to 2000 GB in 2021. This is 2000 times that of Bitcoin which is 1MB. This has enabled its blockchain to be able to complete 100,000 transactions per second (TPS) unlike that of Bitcoin which is about 6 TPS.

With this transaction capacity, the Bitcoin SV blockchain has solved the scalability challenges that are associated with heavy trading times in the Bitcoin and Ethereum blockchains. This will ensure that the transaction remains very low as the developers have room to increase the block size as the BSV community expands.

Bitcoin SV (BSV) Current Market Status

The maximum supply of Bitcoin SV (BSV) is 19,151,202 BSV while its maximum supply is 21 million according to CoinMarketCap. At the time of writing, BSV is trading for $55.47 which represents a 24 hours decrease of 0.56%. The trading volume of BSV in the past 24 hours is $85.27 million which represents an 13% decrease.

Some of the top cryptocurrency exchanges for trading Bitcoin SV (BSV) are Bitfinex, Kucoin, Huobi Global, Gate.io, and others.

Now that you have known what BSV is and its current market status, we shall discuss the price analysis of Bitcoin SV (BSV) for 2022.

Bitcoin SV (BSV) Price Analysis 2022

Currently, BSV is ranked in the 48th position on CoinMarketCap. Will developments and upgrades within the Bitcoin SV community lead to a rise in the price of Bitcoin SV (BSV)? We shall see this in this CoinEdition price analysis 2022 article.

Bitcoin SV (BSV) Price Analysis- Keltner Channel

BSV/USDT 1Day Chart Showing Keltner Channel (Source: Tradingview)
BSV/USDT 1Day Chart Showing Keltner Channel (Source: Tradingview)

Keltner Channel is a technical analysis indicator that is used to determine trend directions by measuring the volatility above or below the candlesticks. From the Keltner Channel signals for Bitcoin SV (BSV), it could be seen that the present bullish run could continue since the recent candlesticks are within the second half of the chart from the top. Also, since the last candlestick is bullish, the present increase in the price of BSV might be sustained before any reversal would be expected.

Bitcoin SV (BSV) Price Analysis- Relative Strength Index

BSV/USDT 1Day Chart Showing Relative Strength Index (Source: Tradingview)
BSV/USDT 1Day Chart Showing Relative Strength Index (Source: Tradingview)

The Relative Strength Index (RSI) is a technical analysis indicator that measures the relative momentum in the magnitude and speed of recent price changes of an asset to deduce if it is an oversold or overbought asset. The RSI value of Bitcoin SV (BSV) 1day chart of BSV/USDT is at 45.13. This shows that BSV is showing a neutral trend since it is between 30 and 50. This value could trigger a further bullish run if more buyers could be attracted to gain from the expected price increase to the 50 RSI value, which is the strong region, before any price correction soon.

Bitcoin SV (BSV) Price Prediction-Moving Averages

SV/USDT 1Day Chart Showing 200-MA and 100-MA (Source: Tradingview)
BSV/USDT 1Day Chart Showing 200-MA and 100-MA (Source: Tradingview)

The chart above shows the 1Day chart of BSV 200-day and 100-day Moving Average (MA). Presently, THETA is on a bullish trend as indicated in the recent uptrend. Since the 200-MA is above the 100-MA, we can deduce the price is bullish for long-term hodlers.

Also, since the gap between the moving averages is wide and above the recently formed candlesticks, the price of Bitcoin SV (BSV) might experience a big rise or fall in the future.

Bitcoin SV (BSV) Price Prediction 2022

BSV/USDT 1Day Chart (Source: Tradingview)
BSV/USDT 1Day Chart (Source: Tradingview)

By looking at the daily chart of BSV/USDT, the BSV price was swinging from $67.55 resistance2 to $60.12 resistance1 after touching the support levels of $50.98 and $45.57. It reversed from the support level of $50.98 and now going sideways in the market and is expected to be bullish in the coming weeks.

Meanwhile, our long-term BSV price prediction for 2022 is bullish since it cannot break the present support level soon. We can expect BSV to reach $100 in 2022.

Bitcoin SV (BSV) Price Prediction-Resistance and Support Levels

BSV/USDT 1Day Chart (Source: Tradingview)
BSV/USDT 1Day Chart (Source: Tradingview)

This bullish chart shows that the price of BSV has decreased by 3.6% in the past 30 days. If this price increase continues, BSV could break the $60.12 resistance1 level and move higher to $99.75 at the resistance6 level, and even higher, the bullish signal for 2022.

However, if sellers have their way, the price of BSV might be dethroned from its present uptrend position. In simpler terms, BSV might trend below the $45.57 support2 level, and even lower in 2022, a bearish signal.

Bitcoin SV (BSV) Price Prediction 2023

Bitcoin SV (BSV) might hit $200 in 2023 if this bullish trend continues. Moreover, in the first half of 2023, the price of BSV will see rapid growth to $150. The growth will thereafter moderate, but no significant drops are predicted. By upgrading burning rewards, investors could burn more BSV thereby reducing its volume in circulation. This could make the price of BSV reach $200 shortly.

‌Bitcoin SV (BSV) Price Prediction 2024

Bitcoin SV (BSV) price could hold the support level around 200-MA, the long-term moving average of 200 days firmly, buyers will then have ample time and stability to forge the next attack mission on the vital level at $400, making it not plummet but play consistently. Additionally, this could only be possible if BSV breaks through past psychological resistance levels.

Bitcoin SV (BSV) Price Prediction 2025

Bitcoin SV (BSV) prices might grow past $600 during the next three years. Furthermore, hitting this level might not be so tough for BSV due to a new medium, short-term, and long-term price objectives for purchase or sell orders may be discovered. According to the forecast, BSV has a strong chance of reaching a new all-time high (ATH) price.

Bitcoin SV (BSV) Price Prediction 2026

Bitcoin SV (BSV) prices might grow past $800 during the next four years. Furthermore, hitting this level might not be so tough for BSV due to a new medium, short-term, and long-term price objectives for purchase or sell orders may be discovered. According to the forecast, BSV has a strong chance of reaching a new all-time high (ATH) price.

Bitcoin SV (BSV) Price Prediction 2027

Bitcoin SV (BSV) prices might grow past $1000 during the next five years. Furthermore, hitting this level might not be so tough for BSV due to a new medium, short-term, and long-term price objectives for purchase or sell orders may be discovered. According to the forecast, BSV has a strong chance of reaching a new all-time high (ATH) price.

Bitcoin SV (BSV) Price Prediction 2028

Bitcoin SV (BSV) prices might grow past $1200 during the next six years. Furthermore, hitting this level might not be so tough for BSV due to a new medium, short-term, and long-term price objectives for purchase or sell orders may be discovered. According to the forecast, BSV has a strong chance of reaching a new all-time high (ATH) price.

Bitcoin SV (BSV) Price Prediction 2029

Bitcoin SV (BSV) prices might grow past $1400 during the next seven years. Furthermore, hitting this level might not be so tough for BSV due to a new medium, short-term, and long-term price objectives for purchase or sell orders may be discovered. According to the forecast, BSV has a strong chance of reaching a new all-time high (ATH) price.

Bitcoin SV (BSV) Price Prediction 2030

Bitcoin SV (BSV) prices might grow past $1600 during the next eight years. Furthermore, hitting this level might not be so tough for BSV due to a new medium, short-term, and long-term price objectives for purchase or sell orders may be discovered. According to the forecast, BSV has a strong chance of reaching a new all-time high (ATH) price.

Conclusion

As said above, BSV might reach $99.75 in 2022 and $1600 by 2030 if investors have decided that BSV is a good investment along with mainstream cryptocurrencies like Bitcoin and Ethereum.

FAQ

What is Bitcoin SV (BSV)?

Bitcoin SV (BSV) is a hard fork of Bitcoin Cash that was created on November 15, 2018.

How to buy Bitcoin SV (BSV) Token?

Like other cryptocurrencies, Bitcoin SV (BSV) can be traded in cryptocurrency exchanges like Bitfinex, Huobi Global, Kucoin, Gate.io, and others.

Will Bitcoin SV surpass its present ATH?

Bitcoin SV has a low possibility of surpassing its present all-time high (ATH) price of $491.64 in 2022.

When was Bitcoin SV (BSV) launched?

It was launched in November 2018.

What will be the Bitcoin SV (BSV) price by 2023?

Bitcoin SV (BSV) price is expected to reach $200 by 2023.

What will be the Bitcoin SV (BSV) price by 2024?

Bitcoin SV (BSV) price is expected to reach $400 by 2024.

What will be the Bitcoin SV (BSV) price by 2025?

What will be the Bitcoin SV (BSV) price by 2026?

Bitcoin SV (BSV) price is expected to reach $800 by 2026.

What will be the Bitcoin SV (BSV) price by 2027?

Bitcoin SV (BSV) price is expected to reach $1000 by 2027.

What will be the Bitcoin SV (BSV) price by 2028?

Bitcoin SV (BSV) price is expected to reach $1200 by 2028.

What will be the Bitcoin SV (BSV) price by 2029?

Bitcoin SV (BSV) price is expected to reach $1400 by 2029.

What will be the Bitcoin SV (BSV) price by 2030?

Bitcoin SV (BSV) price is expected to reach $1600 by 2030.

Disclaimer: The views and opinions, as well as all the information shared in this price prediction, are published in good faith. Readers must do their research and due diligence. Any action taken by the reader is strictly at their own risk. Coin Edition and its affiliates will not be held liable for any direct or indirect damage or loss.

More Crypto Price Predictions:

  • Bullish BSV price prediction ranges from $60.12 to $99.75.
  • BSV price might also reach $100 this 2022.
  • BSV’s bearish market price prediction for 2022 is $45.57.

Bitcoin SV is a blockchain project that is a hard fork of Bitcoin Cash (BSV). Its native coin is BSV.

Bitcoin SV investors are bullish on the coin though BSV has decreased in price by 88.59% in the past one year. The crypto bubble of 2021 led to an increase in the price of BSV to its present all-time high (ATH) of $491.64 which was attained in April 2021. Irrespective of the recent crypto winter, BSV investors are confident that the future of BSV is bullish.

If you are interested in the future of Bitcoin SV (BSV) and would want to know the price analysis and price prediction of BSV for 2022, 2023, 2024, 2025, 2026, up to 2030, keep reading this Coin Edition article.

What is Bitcoin SV (BSV)?

Bitcoin SV stands for Bitcoin Satoshi Version. Its native coin is called BSV. Bitcoin SV is a blockchain project that was created on November 15, 2018, as a hard fork of Bitcoin Cash during its split to Bitcoin Cash ABC (the present eCash) and Bitcoin SV.

The developers of the Bitcoin SV node that is led by nChain chief scientist Craig Wright and another proponent of BSV Calvin Arye supported the split due to their belief that they are protecting the initial whitepaper of Bitcoin (BTC).

Presently, the block size of the Bitcoin SV blockchain was increased to 2000 GB in 2021. This is 2000 times that of Bitcoin which is 1MB. This has enabled its blockchain to be able to complete 100,000 transactions per second (TPS) unlike that of Bitcoin which is about 6 TPS.

With this transaction capacity, the Bitcoin SV blockchain has solved the scalability challenges that are associated with heavy trading times in the Bitcoin and Ethereum blockchains. This will ensure that the transaction remains very low as the developers have room to increase the block size as the BSV community expands.

Bitcoin SV (BSV) Current Market Status

The maximum supply of Bitcoin SV (BSV) is 19,151,202 BSV while its maximum supply is 21 million according to CoinMarketCap. At the time of writing, BSV is trading for $55.47 which represents a 24 hours decrease of 0.56%. The trading volume of BSV in the past 24 hours is $85.27 million which represents an 13% decrease.

Some of the top cryptocurrency exchanges for trading Bitcoin SV (BSV) are Bitfinex, Kucoin, Huobi Global, Gate.io, and others.

Now that you have known what BSV is and its current market status, we shall discuss the price analysis of Bitcoin SV (BSV) for 2022.

Bitcoin SV (BSV) Price Analysis 2022

Currently, BSV is ranked in the 48th position on CoinMarketCap. Will developments and upgrades within the Bitcoin SV community lead to a rise in the price of Bitcoin SV (BSV)? We shall see this in this CoinEdition price analysis 2022 article.

Bitcoin SV (BSV) Price Analysis- Keltner Channel

BSV/USDT 1Day Chart Showing Keltner Channel (Source: Tradingview)
BSV/USDT 1Day Chart Showing Keltner Channel (Source: Tradingview)

Keltner Channel is a technical analysis indicator that is used to determine trend directions by measuring the volatility above or below the candlesticks. From the Keltner Channel signals for Bitcoin SV (BSV), it could be seen that the present bullish run could continue since the recent candlesticks are within the second half of the chart from the top. Also, since the last candlestick is bullish, the present increase in the price of BSV might be sustained before any reversal would be expected.

Bitcoin SV (BSV) Price Analysis- Relative Strength Index

BSV/USDT 1Day Chart Showing Relative Strength Index (Source: Tradingview)
BSV/USDT 1Day Chart Showing Relative Strength Index (Source: Tradingview)

The Relative Strength Index (RSI) is a technical analysis indicator that measures the relative momentum in the magnitude and speed of recent price changes of an asset to deduce if it is an oversold or overbought asset. The RSI value of Bitcoin SV (BSV) 1day chart of BSV/USDT is at 45.13. This shows that BSV is showing a neutral trend since it is between 30 and 50. This value could trigger a further bullish run if more buyers could be attracted to gain from the expected price increase to the 50 RSI value, which is the strong region, before any price correction soon.

Bitcoin SV (BSV) Price Prediction-Moving Averages

SV/USDT 1Day Chart Showing 200-MA and 100-MA (Source: Tradingview)
BSV/USDT 1Day Chart Showing 200-MA and 100-MA (Source: Tradingview)

The chart above shows the 1Day chart of BSV 200-day and 100-day Moving Average (MA). Presently, THETA is on a bullish trend as indicated in the recent uptrend. Since the 200-MA is above the 100-MA, we can deduce the price is bullish for long-term hodlers.

Also, since the gap between the moving averages is wide and above the recently formed candlesticks, the price of Bitcoin SV (BSV) might experience a big rise or fall in the future.

Bitcoin SV (BSV) Price Prediction 2022

BSV/USDT 1Day Chart (Source: Tradingview)
BSV/USDT 1Day Chart (Source: Tradingview)

By looking at the daily chart of BSV/USDT, the BSV price was swinging from $67.55 resistance2 to $60.12 resistance1 after touching the support levels of $50.98 and $45.57. It reversed from the support level of $50.98 and now going sideways in the market and is expected to be bullish in the coming weeks.

Meanwhile, our long-term BSV price prediction for 2022 is bullish since it cannot break the present support level soon. We can expect BSV to reach $100 in 2022.

Bitcoin SV (BSV) Price Prediction-Resistance and Support Levels

BSV/USDT 1Day Chart (Source: Tradingview)
BSV/USDT 1Day Chart (Source: Tradingview)

This bullish chart shows that the price of BSV has decreased by 3.6% in the past 30 days. If this price increase continues, BSV could break the $60.12 resistance1 level and move higher to $99.75 at the resistance6 level, and even higher, the bullish signal for 2022.

However, if sellers have their way, the price of BSV might be dethroned from its present uptrend position. In simpler terms, BSV might trend below the $45.57 support2 level, and even lower in 2022, a bearish signal.

Bitcoin SV (BSV) Price Prediction 2023

Bitcoin SV (BSV) might hit $200 in 2023 if this bullish trend continues. Moreover, in the first half of 2023, the price of BSV will see rapid growth to $150. The growth will thereafter moderate, but no significant drops are predicted. By upgrading burning rewards, investors could burn more BSV thereby reducing its volume in circulation. This could make the price of BSV reach $200 shortly.

‌Bitcoin SV (BSV) Price Prediction 2024

Bitcoin SV (BSV) price could hold the support level around 200-MA, the long-term moving average of 200 days firmly, buyers will then have ample time and stability to forge the next attack mission on the vital level at $400, making it not plummet but play consistently. Additionally, this could only be possible if BSV breaks through past psychological resistance levels.

Bitcoin SV (BSV) Price Prediction 2025

Bitcoin SV (BSV) prices might grow past $600 during the next three years. Furthermore, hitting this level might not be so tough for BSV due to a new medium, short-term, and long-term price objectives for purchase or sell orders may be discovered. According to the forecast, BSV has a strong chance of reaching a new all-time high (ATH) price.

Bitcoin SV (BSV) Price Prediction 2026

Bitcoin SV (BSV) prices might grow past $800 during the next four years. Furthermore, hitting this level might not be so tough for BSV due to a new medium, short-term, and long-term price objectives for purchase or sell orders may be discovered. According to the forecast, BSV has a strong chance of reaching a new all-time high (ATH) price.

Bitcoin SV (BSV) Price Prediction 2027

Bitcoin SV (BSV) prices might grow past $1000 during the next five years. Furthermore, hitting this level might not be so tough for BSV due to a new medium, short-term, and long-term price objectives for purchase or sell orders may be discovered. According to the forecast, BSV has a strong chance of reaching a new all-time high (ATH) price.

Bitcoin SV (BSV) Price Prediction 2028

Bitcoin SV (BSV) prices might grow past $1200 during the next six years. Furthermore, hitting this level might not be so tough for BSV due to a new medium, short-term, and long-term price objectives for purchase or sell orders may be discovered. According to the forecast, BSV has a strong chance of reaching a new all-time high (ATH) price.

Bitcoin SV (BSV) Price Prediction 2029

Bitcoin SV (BSV) prices might grow past $1400 during the next seven years. Furthermore, hitting this level might not be so tough for BSV due to a new medium, short-term, and long-term price objectives for purchase or sell orders may be discovered. According to the forecast, BSV has a strong chance of reaching a new all-time high (ATH) price.

Bitcoin SV (BSV) Price Prediction 2030

Bitcoin SV (BSV) prices might grow past $1600 during the next eight years. Furthermore, hitting this level might not be so tough for BSV due to a new medium, short-term, and long-term price objectives for purchase or sell orders may be discovered. According to the forecast, BSV has a strong chance of reaching a new all-time high (ATH) price.

Conclusion

As said above, BSV might reach $99.75 in 2022 and $1600 by 2030 if investors have decided that BSV is a good investment along with mainstream cryptocurrencies like Bitcoin and Ethereum.

FAQ

What is Bitcoin SV (BSV)?

Bitcoin SV (BSV) is a hard fork of Bitcoin Cash that was created on November 15, 2018.

How to buy Bitcoin SV (BSV) Token?

Like other cryptocurrencies, Bitcoin SV (BSV) can be traded in cryptocurrency exchanges like Bitfinex, Huobi Global, Kucoin, Gate.io, and others.

Will Bitcoin SV surpass its present ATH?

Bitcoin SV has a low possibility of surpassing its present all-time high (ATH) price of $491.64 in 2022.

When was Bitcoin SV (BSV) launched?

It was launched in November 2018.

What will be the Bitcoin SV (BSV) price by 2023?

Bitcoin SV (BSV) price is expected to reach $200 by 2023.

What will be the Bitcoin SV (BSV) price by 2024?

Bitcoin SV (BSV) price is expected to reach $400 by 2024.

What will be the Bitcoin SV (BSV) price by 2025?

What will be the Bitcoin SV (BSV) price by 2026?

Bitcoin SV (BSV) price is expected to reach $800 by 2026.

What will be the Bitcoin SV (BSV) price by 2027?

Bitcoin SV (BSV) price is expected to reach $1000 by 2027.

What will be the Bitcoin SV (BSV) price by 2028?

Bitcoin SV (BSV) price is expected to reach $1200 by 2028.

What will be the Bitcoin SV (BSV) price by 2029?

Bitcoin SV (BSV) price is expected to reach $1400 by 2029.

What will be the Bitcoin SV (BSV) price by 2030?

Bitcoin SV (BSV) price is expected to reach $1600 by 2030.

Disclaimer: The views and opinions, as well as all the information shared in this price prediction, are published in good faith. Readers must do their research and due diligence. Any action taken by the reader is strictly at their own risk. Coin Edition and its affiliates will not be held liable for any direct or indirect damage or loss.

More Crypto Price Predictions:

 

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