BTC

BTC has been on downward mode this week. While the moving average is converging downward which mean there is further downward momentum going. It is also noted that the BTC is still taking time to consolidate at the 8600 - 10000 level after the run up from 4000. Sometime it just take down before the coins show further leg of going up. But one should be aware if 8600 is broken. This means BTC may need to consolidate at somewhere lower before going back up.

Stay safe and healthy~