UnknownUnicorn4950529

BTC: Keep waiting till the falling stop

COINBASE:BTCUSD   Bitcoin
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Effected by negative factor of hearing of LIBRA, BTC has dropped below $10,000 key point. At present, as panic of the market has not been completely released, the deep pulling back status from last week may sustain. Once breaking below, price will supported by the region of $7600-8700 with MA120 moving up at the end of July. We still suggest to keep holding on and wait till the dropping down ends.

Next entry point: retrace upon MA120 & golden cross for MA20
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