Review on Bitcoin SV by Mehdi hazni
BSV
bitcoin sv currently ranks 6th in cryptocurrencies on coinmarketcap. At first glance, this seems to be a fork of bitcoin, the answer is both yes and no. bitcoin sv is a fork of the main bitcoin blockchain, but it is not a fork directly from the bitcoin network itself and is derived from bitcoin cash, which was itself a fork of bitcoin.
The price of the BSV currency has risen by about 48% in the past month, which is very good, and when a currency in the top 10 has this growth, the news and focus of traders goes to it.
The bsv price trend in its chart with the usd pair is upward and seems to have formed a positive divergence. The main support of this currency is about $150 and as long as it is high, we can hope for further growth.
Pros
- A growth of about 48% in the past month could be the start of a major leap
- This fork actually uses the core of Bitcoin, which is one of the most secure blockchains
Cons
- Its mining can only be done by asic devices
