Bitcoin SV price prediction: Will BSV break resistance or stay range-bound after 7.14% rise?

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Bitcoin SV rises 7.14% to $14.60

Highlights

BSV trades at $14.60, below MA-20 ($15.76), MA-50 ($17.66), and MA-200 ($22.32), confirming ongoing bearish pressure across all timeframes.
Technical indicators (MACD, ADX, CCI, Bull/Bear Power) on D1 and weekly charts remain bearish, with probability of further rise below 20%.
Weekly price range is expected between $13.10 (support) and $15.60 (resistance), with further downside likely if $13.10 breaks.

Negative momentum intensifies as indicators reinforce bearish signals

Momentum remains weak, with both the MACD and ADX on the daily chart signaling a bearish environment. The Stochastic RSI is in an overbought zone while the standard RSI stays below neutral, reinforcing a vulnerable setup for BSV. The Commodity Channel Index also suggests bearishness, and negative Bull/Bear Power readings confirm sellers’ intraday dominance. Today’s session is marked by high volatility and a move near session highs, yet larger-trend signals remain negative — intraday upward momentum is at odds with persistent selling pressure on broader timeframes.

Sideways range likely as technicals point to persistent downside risk

Looking ahead, BSV’s weekly price range is likely to stay between $13.10 and $15.60, representing typical volatility around current levels. Technical signals on the weekly chart keep the probability of a further rise low (less than 20%), while the likelihood of another decline is elevated as trend and momentum indicators remain bearish. The baseline scenario calls for sideways consolidation within that volatility band, with a push above $15.60 opening room for upside momentum and a break below $13.10 further reinforcing downside risk.

Anton Kharitonov, analyst at Traders Union, notes that Bitcoin SV remains under strong selling pressure with no bullish signals from major technical indicators. He sees little evidence for a trend reversal, as momentum and trend signals remain negative and price action stays below key resistance at $15.26. In his view, the likelihood of a sustained upside move is low as long as the price remains beneath all main moving averages. "Until BSV reclaims $15.60 with real volume, any bounce is likely just a pause in the broader downtrend," Kharitonov concludes.

Previously it was reported that Bitcoin SV remains entrenched in a bearish trend, trading well below all key moving averages with firm downside momentum confirmed by bearish MACD, ADX, and oversold RSI and CCI readings. Immediate resistance lies at $15.10–$15.76 while support is seen at $12.40, suggesting further downside or range-bound consolidation with little chance of imminent upside reversal.

Source of Data: BSV Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.