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Topic: What's up with bitcoin SV? - page 2. (Read 211 times)

staff
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Crypto Swap Exchange
full member
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May 21, 2019, 09:59:08 AM
#2
It is just burning of shorter oders, I like it. So, the point should be discussed now is that whether we should actually short Bitcoin Cash SV now, when it rose around more than 60%. My answer is "Yes, we should short it now". However, as the basic term of short, we should not hold the short positions for too long, short orders and short positions should be finish profit-taking after 4 to 12 candles (usually I use the 15-minute candle chart). Maybe, I set up my profit taking orders around 20% lower than the price at which I short Bitcoin Cash SV.
full member
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May 21, 2019, 09:55:06 AM
#1
Bitcoincash had a better rally than bitcoin or ethereum or any other coins in top 10.
But Bitcoin SV showed an unbelievable price hike with over 75% rise in just one hour making it the 12 the currency by marketcap.
https://coinmarketcap.com/currencies/bitcoin-sv/

Does anyone knows what caused this upsurge?
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