Since the low on the RSI indicator in the beginning of January 2021, price has continued going down.
Everybody and his sister is screaming that "BSV is a shitcoin" and "Craigh Wright is a SCAM" and "BSV has been 51% attacked" and so on ...
However if we take a look to the RSI indicator relative to price, a strong hidden divergence is building up during the last 8 months !!!
Now price has almost reached the apex of the bullish descending wedge....
MY TAKE is that everybody and his sister and her dog are dead wrong about the narrative.
MY TAKE is that BSV is superior tech wise relative to the so called "Real Bitcoin".
MY TAKE is that the market (who at the end is always right) will show that to its participants.
Time is near ! This is a wake up call !
Everybody and his sister is screaming that "BSV is a shitcoin" and "Craigh Wright is a SCAM" and "BSV has been 51% attacked" and so on ...
However if we take a look to the RSI indicator relative to price, a strong hidden divergence is building up during the last 8 months !!!
Now price has almost reached the apex of the bullish descending wedge....
MY TAKE is that everybody and his sister and her dog are dead wrong about the narrative.
MY TAKE is that BSV is superior tech wise relative to the so called "Real Bitcoin".
MY TAKE is that the market (who at the end is always right) will show that to its participants.
Time is near ! This is a wake up call !
WE HAVE A CLEAR BREAK OUT !!
I guess things will start very slowly ...
THE FUD AROUND THIS COIN WAS SIMPLY LUDICROUS !
When the market will notice ... then things will heat up !