BitcoinSV (BSV) is a BCH hard fork. The BSV movement is largely spearheaded by Craig Wright, a controversial figure in the cryptocurrency industry.
BSV isn’t celebrated among all crypto enthusiasts. Vitalik Buterin called it “a pure dumpster fire” and Charlie Lee says he doesn’t “support” BSV.
Bitcointalk and Bitcoin.org founder, CobraBitcoin, called it a “worthless shitcoin.”
The CEO of Binance isn’t too fond of Craig Wright and called him a fraud. He also said, “investing in a fraud never ends well.”
BSV also suffered delisting from multiple exchanges.
George Gilder describes BSV as a “great vision.”
Don’t forget to check out our BSV wallet guide.
Let’s look at some current data.
BSV Stats
The current price of BSV is $217.07 USD. This is down 5.36% from 24 hours ago.
The price of BSV, based in Bitcoin (BTC), is 0.02510804 BTC. This is down 3.54% from 24 hours ago.
BSV’s market cap is $3,972,369,651, putting its market rank at #6. The 24-hour trade volume is $2,234,829,104 USD.
The current price is down -50.8% from the all-time-high price of $441.20.
The current price is up 488.74% from its all-time-low price of $36.87.
Some more details are shown in the table below.
Let’s take a look at some 2020 price predictions for BitcoinSV.
BSV Price Predictions
Below are a few existing price predictions for Bitcoin Satoshi Vision for 2020.
CoinSwitch
CoinSwitch believes positive price action could occur during 2020. They say BSV might shoot up to $500 before 2020 ends. They also say it could reach $750 before the end of 2025.
Gov Capital
GovCapital believes that BSV will enjoy quite a bit of fluctuation this year. Their forecast is outlined below.
Early March will see a BSV price of 259.725 before shooting up to $343.584 before the month is halfway over.
BSV will be worth $414.88 at the beginning of June and reach $444.824 on June 15th.
It will climb down steadily until mid-July, reaching $378.475. It will touch back above $400 before the end of July.
It will maintain a price of about $390 during most of August, before touching back above $400 at the end of the month.
It will reach back down to $364.819 on September 21st. It will climb and reach just over $430 before the end of October.
BSV will reach $445 before the end of 2020.
Mid-January 2021 will see a price of $651.98.
Digitalcoin Price
Digitalcoin Price also gives a forecast of volatility for BSV. Check their price forecast below.
The average price for BSV in March will be $551.34. In April it will be $527.76. It will take a dive in May, with the average price being $394.31.
June will see a slight rebound, with the average price being $423.78. It will drop again, with July seeing an average price of $343.66.
Another rebound will take place in August. The average price will be $436.36.
The BSV average price will be $409.93 in September and $448.19 in October.
November will see an average price of $503.60, and December will see $383.56.
BSV could reach $1093 in 2026.
Crypto Rating
The first week of March could see a price of $141.84. It could shoot up before March ends, reaching $342.12. The end of August could see $314.54.
Our Verdict
2020 will be an uncertain year for crypto. The Bitcoin halvening is coming up in May and this will likely affect the overall cryptocurrency market. BitcoinSV will also have its block reward halving this year, which will affect the BSV price directly.
BSV could very well hit at least 229.93 before the year is over. If a full bull market busts out, it could reach $447.01 or even higher.
If bears take over and the crypto market takes a grim turn, BSV could drop as low as $153.61. It’s always possible to drop below that number as well.
Remember, price predictions should not be used to guide investment.
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