For the last one week, the price of BSV/USD pair has been moving south ways, thus recording a bearish performance. On the 4-hourly chart, the pair’s price failed to trade above $133.954 thus slipped downside as it was pulled by the strong selling gravity coming from the bears. The price spiked down by 7.85% over the past one week, as it dipped from $133.000 to $122.550 as at 07:45 UTC. Currently, there is a struggle to breach $121.133 support level, thus suggesting high interest in lower price digits.
This is a companion discussion topic for the original entry at https://themerkle.com/bitcoin-sv-bsv-usd-price-analysis/