Bitcoin SV (BSV) is flying high and stacking sats, with prices breaking all-time records. BSV, the asset that appeared as a fork-of-a-fork of Bitcoin (BTC), has fulfilled its promise to do something spectacular in 2020.
Bitcoin SV Continues to Peak as Crypto Social Media Await Epic Crash
Now, the coin is still near peak prices. But how long this rally can survive is anyone’s guess. Bitcoin SV asset may be in for a heavy correction, sinking to a lower price level. The bitcoin forked coin reached prices of $353.50, on volumes above $7 billion in 24 hours.
This is the first significant recovery for the coin, after smaller rallies in the past year. For the first time, Bitcoin SV has managed to gain attention and FOMO buyers, achieving outlandish gains after a prolonged bear market. The crypto commenters already envision the fate of the coin coming after the rally:
#bsv is gonna dump so hard #crypto
— flabbywoofwoof (@xrpalba) January 15, 2020
But such rallies, boosted by spot market activity, may be short-lived. Now, the BSV market…