RATE Group | Bitcoin SV’s Ridiculous 100% Rally Has Skeptics Crying ‘Exit Scam’
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Bitcoin SV’s Ridiculous 100% Rally Has Skeptics Crying ‘Exit Scam’

14 Jan Bitcoin SV’s Ridiculous 100% Rally Has Skeptics Crying ‘Exit Scam’

Posted at 22:32h in Cryptocurrency News by

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  • The bitcoin SV price went stratospheric Monday and Tuesday.
  • BSV blew past key resistance at $175, reaching escape velocity on its rock blast to a peak above $350.
  • Now ‘Satoshi Vision’ proponents are pumping for a moon shot. Here are three reasons behind the BSV’s moves.

The bitcoin price has soared in January. But its rivals, bitcoin cash and bitcoin SV (‘Satoshi’s Vision’) are making even more dramatic moves so far in 2020.

Of the two hard-forked blockchains, bitcoin SV is the most gravity-defying. According to CoinMarketCap, BSV has nearly doubled in the last 24 hours, gaining over 96% of its price a day ago. Here are three reasons for the remarkable breakout.

Bitcoin SV Price in USD Graph | Source: TradingView

1. “Big News” for Bitcoin SV

The Bitcoinist points to a Jan. 11 promise of “Big BSV news” from one of the cryptocurrency’s most visible proponents, Calvin Ayre.

Source: Source

No word yet on what the news is, but it appears his…

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