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 factors could lead to Bitcoin stabilizing around the 8500 mark?

Discuss the long-term trend of Bitcoin as indicated by its moving average.