Bitcoin SV Price Prediction: BSV Plunges 17% as Judge Rejects Craig Wright’s Satoshi Claim and This New Meme Coin ICO Raises $200,000 in 24 Hours.

Bitcoin SV price has fallen 17% in the last 24 hours. Deal for $93.80 As of 06:06 AM EST, trading volume had increased 159% to $215 million.

This follows Judge James Mellor ruling that Craig Wright is not Satoshi Nakamoto, the pseudonymous founder of the Bitcoin network. The lawsuit was filed by the Crypto Open Patent Alliance (COPA) against Wright, who has claimed to be Nakamoto since 2016.

The judge ruled that Craig Wright was neither the creator of Bitcoin nor Satoshi Nakamoto. pic.twitter.com/Jdqxlv2jg0

— Jack Straw (@JackStr42679640) March 15, 2024

The BTC price and the overall market are in a downward trend, with Bitcoin currently trading at $68,307.

Bitcoin SV price set for a rebound towards symmetrical triangle

Bitcoin SV price is coming out of a consolidation phase that lasted until mid-February, with bulls winning in March. However, in the rally, the bulls received some rejection near $125.74, allowing for a retracement, but the price maintained the trend within a symmetrical triangle.

However, bears took control of the price, taking it below the lower border of the triangle near the $90.38 support line.

BSV is trading above its 200-day simple moving average (SMA), which indicates that the price is still on an upward trajectory. If the bulls control the price for a rebound, BSV will likely overcome the 50-day SMA hurdle, further increasing the upside prospects for the price.

Additionally, the Relative Strength Index (RSI) has already fallen below the oversold 30 level, indicating that BSV is under extreme selling pressure as it attempts to break out north. The movement of the Average Directional Index (ADX) supports a breakout move as it moves northward, indicating a move towards a strong bullish trend.

Bitcoin SV Price Prediction

Bitcoin SV price analysis shows that the market is currently recovering but is showing signs of a rebound. BSV bulls aim to take advantage of the RSI as it has already entered oversold territory, which means a price bounce is likely.

Additionally, the 50-day SMA is trading above the 200-day SMA and a golden cross has formed at $76, indicating that the price is likely to surge even further if the bulls target $150.

However, if the price continues towards the retracement, it may breach the important support area at $90 and settle around the key support area at $79.90.

Meanwhile, as BSV bulls seek more clarity on price, investors are turning to Dogecoin20, a new ICO that some experts say has the potential to become the next Shiba Inu.

What will be the next generation Shiba Inu? New cryptocurrency ICO Dogecoin20 raises $200K

that much Dogecoin 20 (DOGE20) The presale continues to gain traction, raising more than $200,000 in less than 24 hours as it rushes toward its $441,000 goal. Dogecoin20’s popularity is surging due to Elon Musk’s comments on Dogecoin in the last 24 hours (DOGE) is ultimately used to pay for Tesla cars.

🚀 #DOGE20 It’s not just another offshoot inspired by the Shiba Inu.

In keeping with Dogecoin’s ethos of doing only good things every day, it offers passive rewards through on-chain staking. 🌱🌟

Our most widely loved products embrace a greener, more sustainable future. #memecoin oh my god! 🐾 pic.twitter.com/zqlONodRPB

— Dogecoin20 (@DOGE_COIN20) March 14, 2024

This project is the latest addition to the DOGE family and operates with ERC-20 tokens utilizing a Proof-of-Stake (PoS) mechanism. The PoS mechanism allows $DOGE20 to offer faster and more accessible transactions, positioning it as an environmentally friendly option. Like Shiba Inu and Dogecoin, DOGE20 is poised to create the next generation of cryptocurrency millionaires.

Dogecoin20 brings an interesting twist to the world of meme coins by offering exciting staking features. The stake-earnings feature provides buyers with the opportunity to participate in activities and earn passive income.

Using smart contracts #Ethereum, #DOGE20 Beyond mere existence #memecoin. 🐾💰

passive reward potential #Cryptocurrency Community! 🌟

Harness the power of $DOGE20 #token by #Staking And you get a reward. 💸 pic.twitter.com/19BxjvI2JJ

— Dogecoin20 (@DOGE_COIN20) March 14, 2024

Buy and stake $DOGE20, get 2,813% annual rewards

Investors Buy and Stake $DOGE20 Achieved an astonishing 2,813% Annual Percentage Yield (APY). There are already over 995 million $DOGE20 tokens staked.

Prominent cryptocurrency YouTuber Jacob Bury believes that Dogecoin20 is one of the best meme coins you can invest in right now.

You can now purchase $DOGE20 for $0.00014 per token. But keep in mind that the price will increase in about 6 days.

To purchase $DOGE20 go to: Official Dogecoin20 websiteYou can exchange ETH and USDT for $DOGE20 at or purchase directly with your bank card.

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