Price predictions 2/6: BTC, ETH, BNB, XRP, SOL, DOGE, ADA, BCH, HYPE, XMR

Bitcoin and altcoins saw strong double-digit price rebounds after this week’s brutal sell-off, but do technical charts forecast a longer-term recovery, or is today’s rally just a dead cat bounce?

Key points:

Bitcoin has turned up sharply from the $60,000 level, opening the door for a retest of the breakdown level at $74,508.

Several major altcoins have started a relief rally, which is expected to face selling at the moving averages.

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