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Currency Circle Analysis What is the future prospect of BSV cur
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Date:2024-04-26 18:57:48 Channel:Build Read:
On the big stage of today's currency circle, the BSV currency has attracted much attention. Its future prospects have attracted much attention, and the impact of currency security delisting the BSV currency has also caused widespread discussion. Let’s dive into the analysis to reveal the future prospects of the BSV currency and the potential impact on currency security.The future prospects of the BSV currency are one of the hotly discussed topics in the currency circle. BSV, or Bitcoin SV, is a digital currency born after the fork of Bitcoin. It supports larger block sizes and is designed to increase transaction processing speed and reduce fees. In recent years, BSV currency has emerged in the blockchain field and attracted much attention. Investors and industry observers are paying close attention to the development of BSV. For example, BSV's price fluctuations, market performance, and technological innovation are all important indicators for evaluating its future prospects.The BSV currency has gained momentum over the past few years. The stability and scalability of its blockchain technology are highly recognized. At the same time, the BSV community continues to grow, attracting more and more developers and users to join. This growth momentum has laid a solid foundation for BSV’s future development. In addition, BSV has also made certain achievements in its exploration of commercial applications, bringing more possibilities for future development.However, the BSV currency faces some challenges and controversies. One of the core issues is competition with other cryptocurrencies, especially competitors such as Bitcoin and Bitcoin Cash. BSV needs to continuously innovate and improve its competitiveness in order to remain invincible in the fierce market competition. In addition, the uncertainty of the regulatory environment has also brought certain uncertainty to the future of BSV, which requires joint efforts from all parties in the industry to deal with it.On the other hand, the impact of currency security delisting the BSV currency has also attracted much attention. Currency security is an important issue in the blockchain field. Once a certain digital currency is delisted due to security vulnerabilities or technical issues, it will have a profound impact on the entire industry. If the BSV currency is delisted due to security issues, it may cause investor confidence to be frustrated, market turmoil, and even trigger an industry crisis. Therefore, the impact of currency security on BSV currency cannot be ignored, and all parties in the industry need to be vigilant and preventive.To sum up, the future prospects of BSV currency are full of challenges and opportunities. Its development depends on many factors such as technological innovation, market competition, and regulatory environment. At the same time, the impact of currency security on BSV also requires great attention. Only by continuously innovating and maintaining stability can BSV currency stand out in the fierce market competition and achieve long-term stable development. We look forward to BSV currency continuing to break through itself in the future journey and becoming a leader in the field of digital currency.The four most famous international exchanges:
Binance INTL
OKX INTL
Gate.io INTL
Huobi INTL
China Line APP DL China Line APP DL
China Line APP DL
China Line APP DL
Note: The above exchange logo is the official website registration link, and the text is the APP download link.
I believe that many people have been shocked by the "Notre Dame Cathedral Fire" this morning. The human art treasure that has stood for more than 8 centuries has escaped the war but not the unexpected fire. Many people have mentioned in the comments that it was destroyed by the Eight Nations. The Old Summer Palace burned down by the coalition forces. Said "The fire of Notre Dame is very much like the Old Summer Palace" and "There is reincarnation in the way of heaven, who will be spared by heaven". In the wheel of history, many arts cannot withstand the pressure, and the trajectory of history also wants to repeat itself. We So is the currency circle. History keeps repeating itself, and the market conditions feel so familiar every time. I blame myself for losses and feel joy in profits. Next time I laugh, I hope it’s us. I hope it’s us who laugh all the time.
Let’s get back to business. Yesterday’s rumors about the delisting of BSV also made a fuss, causing BCH to rise by 15% yesterday night, and BSV to plummet by 15% today. However, just one delisting notice has affected the trend of currencies. BSV, which will be delisted in yesterday’s notice, was also a popular currency in the past. In making this decision, Binance once again expressed its attitude and strictly reviewed it. The delisting of BSV also caused a large amount of funds to be thrown into the market, which contributed to the continued downward trend.
The escaped funds were also transferred to BCH, a currency with strong correlation, causing their explosion. Now I am more and more impressed by Binance’s influence. BSV has experienced heavy volume decline, panic market has emerged, and the downward momentum is very strong. The MACD is below the 0 axis and the red column continues to strengthen. The fast and slow lines cross at a high level. The RSI is also close to the oversold area. However, it is not recommended that everyone enter the market to rush for a rebound. The gods are fighting. , retail investors are suffering, the BSV community consensus is gradually being broken, and the market has also reacted violently. If it is subsequently delisted significantly, the liquidity of the market will be greatly reduced. Even if there is a small rebound in the short term, it is a self-rescue behavior by the main force, and the general trend is still bearish.
Currently, in addition to Binance and Shapeshift, Coinbase and Kraken may be considering delisting BSV. According to social media “blockchain scam” revelations, Coinbase is currently
The BSV deposit confirmation time has been quietly modified. Users who deposit BSV into their account need to confirm 1008 blocks to complete the transaction, which is approximately 7 days. In comparison, BCH only requires 12
The transaction can be completed within one block confirmation, which is 2 hours. Public opinion believes that Coinbase’s move is to reduce BSV’s
Tokens are evicted from exchanges. Kraken is voting on whether to delist BSV and it currently has 73% support.
If the impact of the market outlook continues to ferment and major platforms respond to delisting BSV, BCH may also usher in a wave of gains. In addition to paying attention to the big market Ether, I am also paying more attention to the market of Bitcoin Cash. I recommended it three times last week. BCH contract orders, and all profits were eliminated. If there is any market news in the future, I will give it to Weixinzy76714 during the trading session.
In my opinion, operation advice is not a magic weapon to win every battle. The market is ever-changing, but what remains unchanged is the human heart. The same point has different views in different trading atmospheres, so more real-time operations are required. You can find me on Weibo for strategies and entry and exit tips. My analysis is open to the entire network, and cooperation means mutual trust and mutual recognition. Friends who have been following this analyst's blog for a long time know very well that without strength, there would be no current team, and you who are eager to make profits cannot be retained; confidence comes from the absolute control of every market trend; if you still have doubts, Negative words, you can delete or unfollow me, but you must remember an analyst who focuses on financial management-
Mengxi Coin Talk is willing to go with you!
I tell you one more thing every day, investment should be gambling but don’t be greedy
I'll answer.
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