Bitcoin SV Price Analysis: BSV/USD Potential Targets

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Bitcoin SV looks prime to resume its slide as the area of interest or former support level held as resistance. The price is closing in on the 38.2% Fibonacci extension level around $143 but could still head to the next downside targets.

The 100 SMA is below the longer-term 200 SMA to indicate that the path of least resistance is to the downside. In other words, the selloff is more likely to gain traction than to reverse. However, the gap between the indicators is narrowing to reflect…

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