Bitcoin SV Breaks Range-bound Move, Lacks Buyers on the Upside

The presence of sellers at the $200 resistance zone is affecting the upward movement of the coin. However, if sellers push the price below $180 support, the crypto will resume its sideways move below the overhead resistance.

When price breaks and closes above the resistance line, it implies that the trend has changed. Bitcoin SV has broken the $180 overhead resistance; there is a likelihood of a further upward movement of the coin.

Timeline of Bitcoin, Bitcoin-sv