The thing which is bearish is Bitcoin is now taking clues from outside sources like Facebook, Donald trump etc etc. This is Bad for crypto big time, but its only because crypto is completely driven by popular opinion anyway. I thought Libra was going to be a stable coin anyway and not anything to invest in, am i wrong?
Libra will be a stable coin, but we can assume on/off ramps with a BTC/Libra pair and a strong legislative infrastructure for it all.
So, even thought BTC is not dependant on Libra directly, it does affect the speculation aspect in the short term. That being said, there's not only one path to mass adoption, and this is important to point out as well.