Bitcoin Forks BCH and BSV Soar on Rising BTC Price
BCH and BSV are surging as Bitcoin forks rise in value. The price of BTC is currently at $86,125.54, testing upper Bollinger resistance at $87,926.57.
The RSI (14) has hit 75.78, indicating overbought territory, while the MACD golden cross holds above EMA50 support at $80,978.42 and price is holding above the EMA200 at $76,335.88.
According to technical analyst Mihir, also known as @RhythmicAnalyst, this setup aligns with current BTC price prediction models tracking fork outperformance.