Is Bitcoin going to GROW or FALL again? - Technical analysis 13

Whether Bitcoin is doing a rally or a trap is certainly the question that is bothering many people this week and that is exactly what this technical analysis will try to explain.

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In this technical part of Crypto Pulse, we will look at the latest growth and try to reveal what it is. Could this be a harbinger of something bigger or a trap?

First, we will compare the price movements of the main players in the crypto market (top 10 cryptocurrencies by market capitalization) compared to the previous week.

Next, we will take a closer look at Bitcoin and Ethereum through technical analysis of the daily chart, where we will reveal important boundaries for both bulls and bears. Consolidation is clearly continuing and shows that BTC has recaptured the 60K mark. It all depends only on which direction we will break through.

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