Crypto Predictive Analysis – Week of February 6, 2022

Following a week of consolidation, bitcoin and ethereum prices both rallied past key resistance levels to start the weekend. Bitcoin moved beyond $40,000, with ethereum climbing over the $3,000 mark. According to Coinmarketcap, the total market capitalization of all cryptocurrencies is $1.9 trillion, representing a 7.76% gain over last week.