Bitcoin SV News
Bitcoin price continues to slip further making new lows. On Friday, Bitcoin corrected over 3.5% to go below $3300 levels.
“Double bottom” pattern was formed as it is clearly seen on the chart which indicates that BSV price may hit $92 price level in which if the level is broken the coin may have its high at $96 price level.
Bitcoin Cash price is under a lot of pressure after it broke the $150 support against the US Dollar. There is a major declining channel formed with resistance near $135 on the hourly chart of the BCH/USD pair.
Speaking in an interview with Bloomberg Daybreak, Roger Ver, angel investor, early Bitcoin enthusiast, and Bitcoin Cash evangelist, said that he still as of a market being still in the red and it seems that it would be staying that way for a while.
The BSV coin (previously called Bitcoin Cash SV) may have its low at the support level of $64, only if the bears increase their momentum and break the demand level of $86 downside.
Splits in the BCH developer community are quite imminent as different camps propose their own Bitcoin Cash Satoshi Version with different views over the technical future of the digital currency.