Bitcoin SV is a rose among the thorns as it seems able to withstand major losses in the crypto market to spark and upside break from consolidation. Price was previously stuck inside a descending triangle pattern and the break higher suggests that further rallies are due.
However, the price is hitting resistance at the 115.00 area and might be due for a correction before it climbs any higher. Applying the Fibonacci retracement tool on the latest swing low and high shows that the 61.8% level is closest to the broken triangle
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