Bitcoin SV surges above $300 in the wake of the historical Genesis upgrade. Bitcoin SV is still poised for more upward action targeting $350 based on the current technical picture. Bitcoin SV (BSV) is strongly in the green after successfully going through a hardfork. The price is trading 12.35% higher amid a generally bullish cryptocurrency market. BSV holds a market cap of $5.56 billion and has a trading volume that stands at $304.31 million. Bitcoin SV Genesis hardfork upgrade The network underwent an upgrade this week that saw the implementation of the Genesis rules. The upgrade was designed to support “the full restoration of Satoshis Bitcoin protocol.” The historical moment was effected at exactly block number 620,539. Genesis has gotten rid of default hard cap for block sizes. Moreover, it has been reported that transaction limit capacity has been removed in addition to raising on-chain scalability. Bitcoin SV price technical picture The breakout a day after Genesis has brought Bitcoin SV back into the spotlight. The crypto is trading at $305, although it has hit highs above $310 (weekly highs). A bullish pennant pattern breakout seems to be still in action. Moreover, the RSI could soon jump into the overbought region. The indicators’ upward movement continues to encourage the bulls to increase their entries. Besides, the MACDs bullish divergence signals that the bulls will continue to gain ground in the coming sessions. BSV/USD 4-hour chart FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next Gold Price Analysis: Sellers look for entry below 200-bar SMA FX Street 2 years Bitcoin SV surges above $300 in the wake of the historical Genesis upgrade. Bitcoin SV is still poised for more upward action targeting $350 based on the current technical picture. Bitcoin SV (BSV) is strongly in the green after successfully going through a hardfork. The price is trading 12.35% higher amid a generally bullish cryptocurrency market. BSV holds a market cap of $5.56 billion and has a trading volume that stands at $304.31 million. Bitcoin SV Genesis hardfork upgrade The network underwent an upgrade this week that saw the implementation of the Genesis rules. The upgrade was designed to support… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
