BTC analysis for June 08,.2020 – Watch for the potential drop on BTC towards the $9.228

Restrictions on international travel imposed by Russia are to be eased, the prime minister, Mikhail Mishustin, said on Monday, as he announced a rollback of coronavirus measures.

The city of Moscow will also roll back curbs imposed over the virus from Tuesday, including cancelling a digital pass system for residents and a self-isolation regime, the TASS news agency reported separately, according to Reuters.

Muscovites will be able to go out for walks whenever they want from Tuesday, TASS said, and restaurants and cafes in the Russian capital will be allowed to open their summer verandas from 16 June.

Technical analysis:

Trading recommendation:

Watch for potential selling opportunities if you see the breakout of the intraday support at $9,550.

The downward targets are set at $9,228 and $8,666

Source: BTC analysis for June 08,.2020 – Watch for the potential drop on BTC towards the $9.228

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