Bitcoin SV Price Prediction: 2024, 2025, 2030
Bitcoin SV’s price at the same time last week was $71.05. It has moved by 7.66 % in the past week and is currently at $71.49. Infact, in the past 24 hours, BSV has dumped by -0.23 %. There is a slight bearish sentiment in the crypto market. The long term sentiment, however, remains bullish and BSV could hit $186.16 in 2025.
The total circulating supply of Bitcoin SV as of writing this article was $19691809.38 and the marketcap of BSV remains at $1,403,865,265
Disclaimer
For some coins with little to no data points and inexistent historical data the model by default will show a positive price prediction. There is no way for our AI bot to decipher whitepaper, tokenomics and team integrity. The coin's price that you are about to see below can fall drastically depending on many factors, so please invest wisely after checking the team and project's whitepaper. This current price prediction is done by a machine crunching numbers and the model is still in the early beta stages. It should strictly not be taken as an investment advice. Although the best engineers are currently tweaking and updating the algorithm, no human has verified the price predicted below, so please use your discretion and make a decision wisely.
About Bitcoin SV
Bitcoin SV (BSV): An overview
Source: Bitcoinsv.com
Bitcoin SV (BSV), aka Bitcoin Satoshi Vision, is a cryptocurrency that emerged to restore the original vision of Bitcoin's (BTC) creator, Satoshi Nakamoto. The platform builds upon the original Bitcoin protocol and offers numerous features. Some key features of the platform are as follows:
- Smart contracts: Bitcoin SV supports smart contracts, thanks to its integration with Bitcoin blockchain’s scripting language. The platform even enables the coding of Turing Complete smart contracts. These smart contracts are distributed with one virtual machine (VM) per contract/token. Furthermore, executing Bitcoin smart contracts does not necessitate gas fees.
- Non-fungible token (NFT) support: Bitcoin SV facilitates NextGen Bitcoin NFTs with minimal costs and over 4 GB on-chain file capacity.
- Transaction speed: Bitcoin SV is the fastest public ledger, boasting the capability to support over 50,000 transactions per second.
- Sustainability: As a green technology, Bitcoin SV focuses on CO2 efficiency per transaction and outperforms all proof-of-work (PoW) blockchains on the coin carbon cap. It also surpasses Visa in cost per transaction.
- Unbounded scaling: Bitcoin SV's native unspent-transaction-output (UTXO) system enables miners to parallelize transactions horizontally. This allows for unbounded scaling based on economic mining incentives.
Key metrics for the Bitcoin SV network include:
- Block reward: 6.25 BSV
- Hash rate: 588.78 PH/s
- Transaction fee: $0.000003
- Transaction time: 2 seconds
- Block size: 4 GB (unbounded)
As the network's native cryptocurrency, BSV embodies the core principles and objectives of the Bitcoin SV project. It is used to facilitate transactions within the network, pay transaction fees, and reward miners for validating transactions and securing the blockchain.
BSV shares the same total supply limit as BTC, which is capped at 21 million coins. As of November 2023, 19.57 million coins are in circulation. The halving mechanism is also identical. Approximately every four years, or after every 210,000 blocks are mined, the block reward for miners is reduced by 50%.
Bitcoin SV infrastructure
Source: Bitcoinsv.com
Bitcoin SV's infrastructure offers the platform unbounded scaling, exceptional performance, and immense interoperability while maintaining ease of implementation and manageability.
Node software
A crucial component of BSV's infrastructure is the node software. The Bitcoin SV node software is a reliable open-source solution that fulfills the fundamental requirements for transaction processing enterprises. It enables efficient and effective mining, leading to increased profitability for those engaged in the process.
Lite client
The lite client is responsible for enhancing simplified payment verification (SPV) communications by making them faster and more secure. This feature allows service providers to deal only with transactions relevant to their specific activities without the need to maintain records for the entire network.
Teranode
Teranode is Bitcoin SV's innovative response to the challenges of vertical scaling. By distributing the workload across multiple machines, Teranode employs a horizontal scaling approach that allows the network capacity to expand with increasing demand. This is achieved through the addition of cluster nodes, paving the way for truly unbounded Bitcoin scaling.
Mining
Another essential aspect of BSV's infrastructure is its mining ecosystem. The network employs a PoW consensus mechanism, which incentivizes miners to validate transactions and maintain network security. The focus on scalability ensures that the mining landscape remains distributed, promoting decentralization and reducing the risk of centralization.
The evolution of Bitcoin SV
Source: Bitcoinsv.com
Bitcoin SV has its origins in the contentious hard fork of the Bitcoin Cash (BCH) blockchain, which occurred on November 15, 2018. The hard fork resulted from disagreements within the BCH community about proposed changes to the protocol, mainly focusing on the block size limit and the implementation of additional opcodes.
The faction supporting the creation of Bitcoin SV was led by Craig Wright, an Australian computer scientist who claims to be the pseudonymous creator of Bitcoin, Satoshi Nakamoto. Wright, along with other proponents of BSV, such as Calvin Ayre, a billionaire entrepreneur and founder of CoinGeek, advocated for a return to the original vision of Bitcoin, as described in the 2008 white paper.
They argued that increasing the block size was necessary to scale the network and facilitate more transactions per block, making it more suitable for widespread adoption and everyday use. Following the hard fork, Bitcoin SV emerged as a separate blockchain with its own native cryptocurrency, BSV. nChain, a research and development technology, is now the driving force behind Bitcoin SV.
Since its inception, the primary focus of the Bitcoin SV project has been on scalability, security, and adherence to the original Bitcoin protocol. Here’s a timeline of its major developments:
- August 16, 2018: The full node implementation was launched.
- October 21, 2018: Bitcoin SV version 0.1 went live.
- October 23, 2018: SVPool opened for business for Bitcoin miners.
- November 20, 2018: Bitcoin SV mined a 64 MB block on Bitcoin Cash, the largest ever on a public blockchain.
- January 4, 2019: The platform unveiled its logo.
- April 29, 2019: Bitcoin SV scaling test network opened for business.
- May 22, 2019: The first GB+ block was mined in the STN stress test.
- January 8, 2020: Genesis second beta version was released.
- February 4, 2020: The network underwent a hard fork for its Genesis upgrade.
- From 2022 onward, Bitcoin SV established a series of world records. These achievements included consistently exceeding 50,000 transactions per second, generating the largest blocks (over 2GB in size), producing the largest NFT (1GB), and maintaining the lowest environmental impact among all PoW chains.
- July 31, 2023: All Bitcoin SV brands were unified under the BSV blockchain. The operations were moved to the new website.
- In 2023, the network marked a significant milestone as it surpassed 125 million transactions in a single day.
BSV Price Analysis
From December 2022 to November 2023, the price movement of BSV indicated a seller-driven market. Despite the strong presence of bearish trends, instances of bullish momentum were evident, signaling the presence of buyers in the market at various intervals.
BSV weekly chart
In the initial months, from December 2022 to February 2023, BSV exhibited attempts to break the resistance level at $47.60 while maintaining a stable support base at $40.96. This period was characterized by price fluctuations within these bounds. However, the inability to sustain above the resistance led to a notable pullback, with the price eventually breaking below its support level.
A series of declines followed, leading BSV to its lowest point of support at $24.48 in June. The market dynamics shifted as bulls entered the scene, driving the price upwards significantly. This bullish rally was strong enough to momentarily surpass the previous resistance of $47.60 by the end of June, marking a new peak resistance at $55.33.
The relief was short-lived, as another wave of declines took over in July, bringing the price down to $29.49 by mid-August. This level, however, acted as a catalyst for a rebound.
September marked the beginning of an upward trajectory, culminating in a substantial price hike by mid-October, where BSV not only breached the $47.60 resistance but also managed to maintain steady momentum above it, thereby turning the former resistance into a support level, with $55.33 as the new resistance. By mid-November, minor declines were observed, positioning BSV at $47.80 at the time of writing.
Throughout the analyzed period, trading volume remained consistently low, with a noticeable recovery only starting in late October. The first two weeks of November witnessed significant spikes in trading volume, indicating increased market activity.
In June, the Relative Strength Index (RSI) crossed the neutral threshold of 50, aligning with an increase in the asset's price. Prior to this shift, the RSI lingered in the oversold territory, reaching a low point of 27.03. This suggested that the asset was undervalued, often considered a buying signal by traders.
Following its rise in June, the RSI experienced a retracement. The index ascended once again in July, only to experience another fall shortly after. Such fluctuations were indicative of a market experiencing uncertainty or conflicting investor sentiments.
However, a notable change occurred in October, when the RSI once again crossed above the 50 mark. This recent movement suggested a stronger bullish momentum, with the RSI registering at 61.65 by the end of the analysis.
The On-Balance Volume (OBV) maintained a relatively flat trajectory with a slight downward bias until June. From mid-June onwards, a mild upward trend in OBV was evident, reflecting a gradual increase in buying pressure. This trend intensified in October with a sharp spike in OBV, correlating with the substantial increase in trading volume and price.
Should you consider buying BSV?
Based on the analysis of the weekly chart and the indicators used, it is apparent that BSV experienced significant volatility and shifts in market control between buyers and sellers. The current trend suggests cautious optimism, with recent bullish movements and improved market sentiment.
However, the recent announcement from Coinbase stating the termination of support for BSV, could notably impact this scenario. Coinbase, having previously de-listed BSV in 2021, now plans to completely remove support for the token. This decision could lead to decreased liquidity and potentially lower visibility for BSV among investors, influencing market confidence.
For traders interested in the BSV market, a cautious buying range of $28-$35 can likely be targeted. However, considering BSV's historical volatility and recent changes in market dynamics, traders should closely monitor the market trends and indicators to navigate the potential impacts of Coinbase's decision.
Bitcoin SV Price Prediction
Bitcoin SV has had an eventful 2023. To simplify the latest BSV price prediction, we have divided up the prediction by short term Bitcoin SV price prediction and long term Bitcoin SV price prediction. As of writing this article, BSV had a trading volume of 17,560,677. Bitcoin SV has gone down by -16.72% in the past 30 days.
According to our analysis in the short term, Bitcoin SV price prediction for June 2024 shows the average price of BSV at 121.04 and the highest possible price for June 2024 would be $129.52.
Further, according to our analysis in the long term, Bitcoin SV price prediction for October 2024 shows the average price of BSV at 132.67 and the highest possible price for October 2024 would be $141.96.
Bitcoin SV's Short Term Price Prediction
| Date | Avg Price | Lowest Price | Highest Price |
| 24 April 2024 | $70.37 | $65.44 | $75.29 |
| 25 April 2024 | $71.53 | $66.52 | $76.53 |
| 26 April 2024 | $73.19 | $68.07 | $78.31 |
| 27 April 2024 | $73.82 | $68.66 | $78.99 |
| 2 May 2024 | $79.52 | $73.96 | $85.09 |
| 7 May 2024 | $86.55 | $80.49 | $92.61 |
| 17 May 2024 | $104.56 | $97.24 | $111.88 |
| June 2024 | $121.04 | $112.57 | $129.52 |
| July 2024 | $123.95 | $115.27 | $132.63 |
| August 2024 | $126.86 | $117.98 | $135.74 |
| September 2024 | $129.76 | $120.68 | $138.85 |
| October 2024 | $132.67 | $123.38 | $141.96 |
| November 2024 | $135.58 | $126.09 | $145.07 |
| December 2024 | $138.48 | $128.79 | $148.18 |
Bitcoin SV price prediction 24 April 2024: Bitcoin SV's price for 24 April 2024 according to our analysis should range between $65.44 to $75.29 and the average price of BSV should be around $70.37.
Bitcoin SV price prediction 25 April 2024: Bitcoin SV's price for 25 April 2024 according to our analysis should range between $66.52 to $76.53 and the average price of BSV should be around $71.53.
Bitcoin SV price prediction 26 April 2024: Bitcoin SV's price for 26 April 2024 according to our analysis should range between $68.07 to $78.31 and the average price of BSV should be around $73.19.
Bitcoin SV price prediction 27 April 2024: Bitcoin SV's price for 27 April 2024 according to our analysis should range between $68.66 to $78.99 and the average price of BSV should be around $73.82.
Bitcoin SV price prediction 2 May 2024: Bitcoin SV's price for 2 May 2024 according to our analysis should range between $73.96 to $85.09 and the average price of BSV should be around $79.52.
Bitcoin SV price prediction 7 May 2024: Bitcoin SV's price for 7 May 2024 according to our analysis should range between $80.49 to $92.61 and the average price of BSV should be around $86.55.
Bitcoin SV price prediction 17 May 2024: Bitcoin SV's price for 17 May 2024 according to our analysis should range between $97.24 to $111.88 and the average price of BSV should be around $104.56.
Bitcoin SV price prediction June 2024: Bitcoin SV's price for June 2024 according to our analysis should range between $112.57 to $129.52 and the average price of BSV should be around $121.04.
Bitcoin SV price prediction July 2024: Bitcoin SV's price for July 2024 according to our analysis should range between $115.27 to $132.63 and the average price of BSV should be around $123.95.
Bitcoin SV price prediction August 2024: Bitcoin SV's price for August 2024 according to our analysis should range between $117.98 to $135.74 and the average price of BSV should be around $126.86.
Bitcoin SV price prediction September 2024: Bitcoin SV's price for September 2024 according to our analysis should range between $120.68 to $138.85 and the average price of BSV should be around $129.76.
Bitcoin SV price prediction October 2024: Bitcoin SV's price for October 2024 according to our analysis should range between $123.38 to $141.96 and the average price of BSV should be around $132.67.
Bitcoin SV price prediction November 2024: Bitcoin SV's price for November 2024 according to our analysis should range between $126.09 to $145.07 and the average price of BSV should be around $135.58.
Bitcoin SV price prediction December 2024: Bitcoin SV's price for December 2024 according to our analysis should range between $128.79 to $148.18 and the average price of BSV should be around $138.48.
Bitcoin SV's Long Term Price Prediction
Bitcoin SV’s long term Price Prediction below is a look at BSV’s future prospect with regards to price. Bitcoin SV was last seen at $71.49, with a market cap of $1,403,865,265 and trading volumes of $17,560,677. BSV’s price prediction is possible by analyzing historical price action, current developments and social sentiment from the community.
| Years | Avg Price | Lowest Price | Highest Price |
| 2024 | $138.48 | $110.79 | $166.18 |
| 2025 | $155.13 | $124.10 | $186.16 |
| 2026 | $200.12 | $160.09 | $240.14 |
| 2027 | $258.15 | $206.52 | $309.78 |
| 2028 | $333.02 | $266.41 | $399.62 |
| 2029 | $429.59 | $343.67 | $515.51 |
| 2030 | $554.17 | $443.34 | $665.01 |
| 2031 | $714.88 | $571.91 | $857.86 |
| 2032 | $922.20 | $737.76 | $1106.64 |
| 2033 | $1189.64 | $951.71 | $1427.57 |
| 2035 | $1979.68 | $1583.74 | $2375.61 |
Bitcoin SV price prediction 2024: Bitcoin SV's price for 2024 according to our analysis should range between $110.79 to $166.18 and the average price of BSV should be around $138.48.
Bitcoin SV price prediction 2025: Bitcoin SV's price for 2025 according to our analysis should range between $124.10 to $186.16 and the average price of BSV should be around $155.13.
Bitcoin SV price prediction 2026: Bitcoin SV's price for 2026 according to our analysis should range between $160.09 to $240.14 and the average price of BSV should be around $200.12.
Bitcoin SV price prediction 2027: Bitcoin SV's price for 2027 according to our analysis should range between $206.52 to $309.78 and the average price of BSV should be around $258.15.
Bitcoin SV price prediction 2028: Bitcoin SV's price for 2028 according to our analysis should range between $266.41 to $399.62 and the average price of BSV should be around $333.02.
Bitcoin SV price prediction 2029: Bitcoin SV's price for 2029 according to our analysis should range between $343.67 to $515.51 and the average price of BSV should be around $429.59.
Bitcoin SV price prediction 2030: Bitcoin SV's price for 2030 according to our analysis should range between $443.34 to $665.01 and the average price of BSV should be around $554.17.
Bitcoin SV price prediction 2031: Bitcoin SV's price for 2031 according to our analysis should range between $571.91 to $857.86 and the average price of BSV should be around $714.88.
Bitcoin SV price prediction 2032: Bitcoin SV's price for 2032 according to our analysis should range between $737.76 to $1106.64 and the average price of BSV should be around $922.20.
Bitcoin SV price prediction 2033: Bitcoin SV's price for 2033 according to our analysis should range between $951.71 to $1427.57 and the average price of BSV should be around $1189.64.
Bitcoin SV price prediction 2035: Bitcoin SV's price for 2035 according to our analysis should range between $1583.74 to $2375.61 and the average price of BSV should be around $1979.68.
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FAQs about Bitcoin SV
Bitcoin SV’s current price is $71.49 and witnessed a -0.23% decrease in the past 24 hours. BSV/BTC pair saw a -0.38% decrease in the past 24 hours
Investing in Bitcoin SV, BSV will purely depend on your personal risk appetite. As you can see over the past 24 hours Bitcoin SV’s price has witnessed a -0.23% decrease and over the past 30 days Bitcoin SV has decrease by -16.72%. So it all depends on if this investment will hit your trading goals.
According to our latest Bitcoin SV Price prediction for 2024, BSV should vary between $166.18 and $110.79. Please keep in mind that the crypto market is very volatile and this Bitcoin SV price prediction does not account for extreme wild swings in price.
As per the Bitcoin SV price prediction 2024 model above, BSV’s price for April 2024 should range between $110.79 to $166.18 with the average price for April being $138.48
According to the Bitcoin SV Price Prediction model above, BSV’s price in 2025 would be $155.13. This price would however would range from $186.16 and $124.10.
According to the Bitcoin SV Price Prediction model above, BSV’s price in 2026 would be $200.12. This price would however would range from $240.14 and $160.09.
According to the Bitcoin SV Price Prediction model above, BSV’s price in 2027 would be $258.15. This price would however would range from $309.78 and $206.52.
According to the Bitcoin SV Price Prediction model above, BSV’s price in 2028 would be $333.02. This price would however would range from $399.62 and $266.41.
According to the Bitcoin SV Price Prediction model above, BSV’s price in 2029 would be $429.59. This price would however would range from $515.51 and $343.67.
According to the Bitcoin SV Price Prediction model above, BSV’s price in 2030 would be $554.17. This price would however would range from $665.01 and $443.34.
According to the Bitcoin SV Price Prediction model above, BSV’s price in 2031 would be $714.88. This price would however would range from $857.86 and $571.91.
According to the Bitcoin SV Price Prediction model above, BSV’s price in 2032 would be $922.20. This price would however would range from $1106.64 and $737.76.
According to the Bitcoin SV Price Prediction model above, BSV’s price in 2033 would be $1189.64. This price would however would range from $1427.57 and $951.71.
According to the Bitcoin SV Price Prediction model above, BSV’s price in 2035 would be $1979.68. This price would however would range from $2375.61 and $1583.74.
The highest price for Bitcoin SV was recorded in 16 April 2021 during which BSV hit an All Time High of $489.75
The price of 1 Bitcoin SV according to current market rate is $71.49
