Bitcoin SV Price Prediction: Trendline Retest Could Fuel a Rally

This Bitcoin SV price prediction comes right after a classic breakout-and-retest sequence. $BSV cleared a long-standing daily descending trendline, pulled back to retest it as support, and is now pushing higher again. That kind of follow-through after a retest tends to carry more weight than the initial breakout candle alone. The levels below come from a daily chart and reflect a short-to-medium-term technical view, not a guaranteed outcome. BSV Price Right Now Metric Value CMP (Current Market Price) $15.99 24-Hour Change +11.35% Market Cap $320.13 million Futures Volume (24h) $13.67 million Spot Volume (24h) $5.65 million Open Interest $40.03 million Circulating Supply 20.07 million BSV Total Supply 20.07 million BSV Max Supply Not capped Futures volume of $13.67 million against spot volume of $5.65 million works out to roughly 2.4 times more futures activity than spot, an independently calculated ratio showing derivatives traders have a clear edge here, though the gap is narrower than on many other coins. Open interest of $40.03 million against a $320.13 million market cap puts leverage exposure at close to 12.5% of market cap, a fairly elevated reading. Circulating supply already matches total supply at 20.07 million BSV, so there is no pending unlock overhang to factor into this setup. Source: CoinGlass live market data, August 20, 2026. Chart source: TradingView, BSV/USDT Perpetual, Binance, daily timeframe. Methodology and Data Sources for This BSV Technical Analysis This Bitcoin SV price prediction is built on the daily BSV/USDT Perpetual chart on Binance, viewed through TradingView. Target and support levels are pulled directly from marked levels on that same chart. The RSI panel is currently reading 68.49, elevated and approaching overbought territory, still extending the Bull signal that was printed on this timeframe back in June. Liquidation data comes from CoinGlass, dated below. BSV Liquidation Data Today Short-side liquidations dominate every single window here, from $26.35 in the last hour up to $49.07K over the full 24 hours. That is a consistent pattern rather than a one-off spike, and it lines up cleanly with the breakout-retest-continuation structure on the chart; short sellers have been getting caught out repeatedly as BSV holds above the reclaimed trendline. Source: CoinGlass liquidation data, August 20, 2026. BSV Trend and Momentum: Key Takeaways $BSV broke above its daily descending trendline, retested it as support, and is now pushing higher again CMP is trading near $15.99, up 11.35% over the past 24 hours per CoinGlass A sustained close above and hold beyond the current structure, followed by a fresh breakout, opens the door to $22.40 and then $26.03 A close below $14.26 would mark this continuation attempt as failed Short-side liquidations have dominated every liquidation window over the past 24 hours This is a short-to-medium-term technical read.