Dangermousebanana

BSV - long term breakout against BTC

Long
BITFINEX:BSVBTC   None
While Bitcoin is crashing towards 20'000 USD...

BSV is breaking out against BTC after having completed a 4 year bullish wedge and after having completed an around-the-apex move.

This is indeed very bullish for BSV (non necessarily bearish for Bitcoin - which has a strong marketing team behind it).

However BSV has the technology and is building around a working product that can scale on a global level.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.