BITFINEX:BSVUSD: Strong Buy
Analysis Mehtod: Fibonacci & Wave Theroy
BSV Price Target: $1,400
Hourly Wave Count:
I suspect BCHABC will fail by September 2020.
Out of all of the Cryptocurrencies at the moment BSV has the most upside potential.
There has been a war between factions of cryptocurrency engineers (Restricted Protocol v. Un-Restricted Protocol) over Bitcoin's mass adoption protocol.
This was why there were 3 Forks from BTC creating BCH then BSV and BCHABC.
It is my hypothesis that only 2 chains from a specific protocol can exist. The third protocol that is created is an identical parallel Blockchain but its economics are flipped upside down.
This 'war' brought manipulation of exchanges and crypto prices. But, if there is one cryptocurrency that has been suppressed the most it is BSV. China would move hash from BTC to Mine BCHABC and BSV and then Dump all BSV earnings at certain times to prevent a prices from breaking out.
Please see the related ideas for further analysis and find more on FibMarketWatch.com.
Analysis Mehtod: Fibonacci & Wave Theroy
BSV Price Target: $1,400
Hourly Wave Count:
I suspect BCHABC will fail by September 2020.
Out of all of the Cryptocurrencies at the moment BSV has the most upside potential.
There has been a war between factions of cryptocurrency engineers (Restricted Protocol v. Un-Restricted Protocol) over Bitcoin's mass adoption protocol.
This was why there were 3 Forks from BTC creating BCH then BSV and BCHABC.
It is my hypothesis that only 2 chains from a specific protocol can exist. The third protocol that is created is an identical parallel Blockchain but its economics are flipped upside down.
This 'war' brought manipulation of exchanges and crypto prices. But, if there is one cryptocurrency that has been suppressed the most it is BSV. China would move hash from BTC to Mine BCHABC and BSV and then Dump all BSV earnings at certain times to prevent a prices from breaking out.
Please see the related ideas for further analysis and find more on FibMarketWatch.com.
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BSV Transactions: snipboard.io/Qmuhdz.jpg