BSV goes up by 50% in 24 hours, bull trap?

[BestCryptoYear2020]

recently BSV market has seen a huge developments , increase of 48.8% within 24 hours.
what to do you think? will it touch $275.00 in next 48 hours?.

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[DaMut]

what are the huge developments that you are talking about? that is true it has a possibility to reach $275 and surpass its ath but it could happen because the project is a purely speculative driven based project, all of the increase is not organic and created because of manipulation from craig and his co.

[ashmodeus]

I still watch it, its too early to say its a bull trap or demand for BSV has increased quickly by positive development thing.
But,well it make me suprised to be honest,kicked EOS and LTC only on +- 24 hours.

[lunobird]

Crypto NOOBs " it's speculation!! It's Craig!! It's China!! It's Iran! Its Trump and geopolitics!! This is madness!! It's impossible!

Pro Trader " look at the charts dummy, it was just oversold"

[WalkerIVIV]

recently BSV market has seen a huge developments , increase of 48.8% within 24 hours.
what to do you think? will it touch $275.00 in next 48 hours?.

It should be a bulltrap that can go down anytime but this pump to react the latest news about CSW case. Shorting BSV is not a very good decision right now. if this trend still continue and BSV will go to the top as soon as possible as it has already pumped a lot.

[PuertoLibre]

The ATH price was around $250, IIRC. The price will not cross the $300 because the short orders on the perpetual contracts are at the highest level. Probably, the fake breakout of ATH will happen and dump will be inevitable after the last wave of the trend.

[lunobird]

I expect bsv to hit all time high at least if not a clean break well above that. Remember bsv has been around much shorter than bch and has not gone through a full pump cycle yet.

This is also on condition if btc turns bull and breaks 10k the alt markets will follow and play some much major catch after being oversold for two years

[BigBos]

LOL, even that goes through $ 300. Well, to be honest, I'm quite sorry I only saw the pump that happened to this coin. however, I did not expect that the coin that was high first was BSH SV. Well, I'm still waiting for the high pump from Bitcoin. this is really thrilling. I think that potential will come to other coins too

[luckyflop]

The ATH price was around $250, IIRC. The price will not cross the $300 because the short orders on the perpetual contracts are at the highest level. Probably, the fake breakout of ATH will happen and dump will be inevitable after the last wave of the trend.

And now the price has surpassed $ 304 and is still continuing to rise. I haven't seen any signs of BSV's demise, I don't understand why shitcoin bsv is pumped so fast. Perhaps due to the absence of investors, the price may be manipulated by the dev team and the whales. Everyone knows that this project is scam and nobody invested in it

[Linkkoin]

It is very possible that this is a pump, and we can expect a dump soon.

[StephenieDuong]

I think this is a bull trap because there are no crypto can grow too hot like that. The target 275$ has been reach and there are no signal that this coin will stop, i think its will make new ATH soon.  

[DonFacundo]

Wow what a big pumped right now of BSV, lucky those who invested BSV when it was $100 price.. expect the dump happens because investors already gained profit, it can dump anytime.

[Sterbens]

BSV has become a lot of conversation here because of the drastic increase in 24 hours and this has reached its new ATH.
The price of BSV is almost equal to the price of BCH, then when will bitcoin and ETH be like the two coins if there is no big demand so that the pump is not so big.
In fact, what I expect is BTC and ETH for big pumps in the near future because I hold both coins for a long time.

[Marble777]

actually it depends on demand and supply in the market, if the price spike occurs within 24 hours, then there is most likely still hope to exceed 50% and above. but my advice is if you have a BSV coin to always monitor price movements and if you feel the price of a coin exceeds your initial capital, then immediately discard.

[kaconk]

BSV already kicking down EOS, LTC, USDT in top 10 because of this pump, and hit the ATH today. lets see where BSV goes.

[Dalmar]

Look at the BSV/BTC chart and you will understand why the traders don't like the 50% up in a single day. The BSV is a useless and fake coin, there is only one BTC.

[btcdie]

BCH and BSV will continue to coexist, and will not move up the next rank to defeat ETH or Bitcoin (impossible). Maybe this is all the perpetrators, namely Tim, colleagues, and the whales starving, making good news so that FOMO happened. we'll see their development, after this I'm sure there is a very deep dump. This could be the whale factor that will come out of the market. From the start, I was skeptical of BSV, too much manipulation. this coin does not deserve to be ranked 5th in CMC.

[killerfrost]

BSV already kicking down EOS, LTC, USDT in top 10 because of this pump, and hit the ATH today. lets see where BSV goes.

I believe it won't go anywhere. Its price will certainly drop in the next few days and it will return to the starting position. BSV is heavily manipulated and we saw it today when the price was pumped up to 350% in just one day. BSV is a scam coin and we better avoid it if we don't want to lose our investment money.

[acdc]

The ATH price was around $250, IIRC. The price will not cross the $300 because the short orders on the perpetual contracts are at the highest level. Probably, the fake breakout of ATH will happen and dump will be inevitable after the last wave of the trend.

As soon as I wrote this comment Bitcoin SV went up to $ 326 and increased almost 100% in just 24 hours.
Bitcoin SV had a truly spectacular increase in the beginning of 2020. However I think this increase cannot be sustained, if people buy Bitcoin SV at this point they are very vulnerable to FOMO.
Perhaps this is a trap of sharks trying to roll out to trick inexperienced people.

[magnum cyber]

I'm watching, this is really a very significant price movement. You can see now that BSV prices are increasing rapidly 94.05% in the last 24 hours. even now it has reached the price of $ 323 and is likely to continue. in my opinion the current BSV coin can be said to increase significantly.