Strategist Kolovos Says Buy Bitcoin Futures Closer to $8,500

The video discusses the performance of major companies like Facebook and Amazon on the NASDAQ, with a focus on the impact of Facebook's Libra cryptocurrency. It analyzes the cryptocurrency market, particularly Bitcoin, using technical analysis to predict future trends and potential buying opportunities.

What was the main focus of the market discussion related to Facebook in the first section?

• The rise of Facebook's stock price

• The impact of Libra on the NASDAQ 100

• The launch of a new social media feature

• Facebook's acquisition of a tech company

Which company was surprisingly the biggest drag on the NASDAQ 100?

• Facebook

• Google

• Amazon

• CSX

What was a significant factor in Bitcoin's market performance discussed in the second section?

• The anticipation of the Libra announcement

• The launch of a new Bitcoin exchange

• A major hack in the cryptocurrency space

• A new government regulation

What technical pattern was identified in Bitcoin's analysis in the final section?

• Ascending triangle

• Double top formation

• Head and shoulders

• Cup and handle

According to the technical analysis, what RSI level was considered a good buying opportunity for Bitcoin?

• Around 50

• Above 70

• Below 30

• Around 40