Bitcoin SV Price Prediction: BSV Pumps 20% As This New BTC Project Races Past $7.9 Million In Funds Raised

Updated: 09 January 2024

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The Bitcoin SV price surged 20% to trade at $91.15 as of 9:04 a.m. EST as it appeared among the day’s top gainers.

Top Daily Crypto Gainers | 9/1/23

1- @Bonk_Inu $BONK
2- @AstarNetwork $ASTR
3- @_BitcoinSV $BSV
4- @DFinity $ICP
5- @SeiNetwork $SEI⁰⁰Source: @CoinMarketCap pic.twitter.com/GlZY7Gzu7M

— Sjuul | AltCryptoGems (@AltCryptoGems) January 9, 2024

Bitcoin SV Price Prediction

An in-depth analysis of 45-minute BSV/USDT charts reveals bull domination as they look to drive the Bitcoin SV price higher. This can be seen from the Relative Strength Index indicator’s trajectory, headed north as it enters the overbought region.

The MACD indicator also reverts towards the green zone, showing bullish momentum on Bitcoin SV. The 50-period moving average has exceeded the 200-period moving average to form a golden cross. This shows bullishness on the token, asserting the prospects of a pump in the short term.

Looking at volatility, the Bollinger bands are moving far apart, suggesting high volatility on the Bitcoin SV price. This is attributed to increasing trading activities that saw BSV’s trading volume jump by 228% over the last 24 hours.

24 hour BSV/USD chart | Source: TradingView

Meanwhile, as the Bitcoin SV price pumps, Bitcoin Minetrix is emerging as a strong alternative for investors seeking projects with explosive gains in 2024. The BTCMTX token presale has garnered $7.9 million out of the targeted $8 million, showing excellent investor confidence in the project.

Bitcoin SV Price Prediction: Time To Switch To Bitcoin Minetrix?

Bitcoin Minetrix is designed to reduce mining fees for the common folk. Rather than investing in costly specialized equipment, users now have the option to initiate mining operations using BTCMTX coins.

Discovering the perks of #BTC cloud mining!

💡 Entry-level simplicity: no technical know-how needed.
💰 Cost-efficient: skip high electricity and hardware expenses.
🏠 Say goodbye to space, noise, and heat disruptions.
🔄 No resale worries – let mining companies handle upgrades! pic.twitter.com/enQbatCTpz

— Bitcoinminetrix (@bitcoinminetrix) January 6, 2024

Exclusive access to cloud mining features is granted to investors who utilize the gas tokens they’ve acquired. This distinctive approach ensures participation in the ecosystem, fostering an equitable distribution of benefits.

Visitors to the project’s website can procure BTCMTX coins through various payment channels, encompassing bank cards, Ether, and Tether. These assets, stakeable to generate returns, are priced at $0.0127 per token.

Analysts, such as YouTuber Jacob Bury, anticipate a potential tenfold increase in the token’s value upon its introduction.

With the upcoming halving event slated for April and ETF approvals that may come as early as tomorrow, Bitcoin Minetrix investors could witness a surge in their investments on launch.

BTCMTX is poised for a price increase in less than two days, with tokens nearly sold out. Investors are urged to act promptly, secure BTCMTX tokens safely from the official site, and explore the myriad benefits of this groundbreaking cloud mining project.

Don’t miss out on the chance to participate in this innovative cloud mining venture. With the Bitcoin SV price pumping hard, those who missed out can still ride the next Bitcoin bull run with Bitcoin Minetrix.

Visit Bitcoin Minetrix here.