- With rising volatility, BSV’s price may reach $168 by December 2024.
- By 2028, after Bitcoin’s 5th halving, BSV could tap $265.
- Bullish price prediction for BSV in 2030 suggests a remarkable surge to $374.
As the second-largest hard fork of Bitcoin (BTC), Bitcoin SV has maintained its position among the top 100 assets in the market. However, the cryptocurrency has exhibited varying degrees of volatility at different times.
In this article, we’ll explore the fundamentals behind BSV, its market performance, and price predictions from 2024 to 2030.
Table of Contents
- Bitcoin SV (BSV) Real-Time Market Status
- What Is Bitcoin SV (BSV)?
- BSV’s Current Market Status
- Price Predictions (2025–2050)
- Conclusion
- FAQs
Bitcoin SV (BSV) Real-Time Market Status
| Metric | Value |
|----------------------|--------------------------------|
| 🪙 Name | Bitcoin SV |
| 💱 Symbol | BSV |
| 🏅 Rank | #113 |
| 💲 Price | $23.90 |
| 📊 24h Change | -2.88% |
| 📊 7d Change | -22.18% |
| 💵 Market Cap | $475,263,467 |
| 💸 Circulating Supply| 19,887,668 BSV |
Bitcoin SV is currently trading at $23.90**, with a market cap of **$475 million. Over the past week, BSV has declined by 22.18%, reflecting heightened market volatility.
👉 Explore BSV trading opportunities
What Is Bitcoin SV (BSV)?
Bitcoin SV (BSV) emerged in 2018 as a hard fork of Bitcoin, adhering closely to Satoshi Nakamoto’s original whitepaper principles. Key features include:
- Scalability: Supports 1,000+ transactions per second via 2GB block sizes.
- Smart Contracts: Enables advanced blockchain applications.
- Low Fees: Ideal for micropayments and enterprise use cases.
Unlike BTC, BSV focuses on on-chain scaling and data-rich blockchain solutions, making it appealing to businesses and governments.
BSV’s Current Market Status
As of writing, BSV trades at $94.26, up 7.38% in 24 hours. Key metrics:
- 24h Volume: $135+ million
- Total Supply: 19.67 million BSV (fully circulated)
- Market Cap: $1.85 billion
BSV is listed on major exchanges like Binance, OKX, and Bitget, with strong liquidity in Asian markets (Upbit, HTX).
Bitcoin SV (BSV) Price Analysis
Bollinger Bands Analysis
- Volatility Alert: Expanding bands suggest potential price swings.
- Bullish Target: $104 (if bullish momentum continues).
- Bearish Scenario: Drop to $82.41 if profit-taking occurs.
Relative Strength Index (RSI)
- Current RSI: Rising, indicating buying pressure.
- Overbought Risk: If RSI exceeds 70, a correction may follow.
Moving Average Convergence Divergence (MACD)
- MACD Signal: Positive but unconfirmed bullish trend.
- Key Levels: EMA 12/26 in negative territory—watch for crossover signals.
Bitcoin SV (BSV) Price Prediction 2024
- Bullish Scenario: $168 by December 2024 (driven by inverse H&S pattern).
- Fibonacci Extension: Potential rally to $140 mid-term.
Support/Resistance:
- Support: $85.83
- Resistance: $104.14
Price Predictions (2025–2050)
| Year | Predicted Price |
|------|------------------|
| 2025 | $218 |
| 2026 | $234 |
| 2027 | $147.89 |
| 2028 | $265 (Post-BTC Halving) |
| 2030 | $374 |
| 2040 | $496.32 |
| 2050 | $525.30 |
Conclusion
Bitcoin SV remains a unique project with scalability and smart contract capabilities. While its price could surge past $200 by 2030, investors should monitor market trends and BTC’s influence.
FAQs
Q: Is BSV a good investment?
A: BSV has shown strong momentum but remains below its ATH ($489.75). Future performance depends on adoption and market conditions.
Q: Will BSV hit $200 soon?
A: Possible if bullish trends continue, but no guarantees.
Q: What’s BSV’s max supply?
A: 19.67 million BSV (fully circulated).
Q: Who founded BSV?
A: Developed by nChain, with key figures like Craig Wright supporting the project.
Q: How to store BSV securely?
A: Use hardware wallets or non-custodial solutions like Ledger.