Over the past 24 hours, the price of Bitcoin has risen from $91,771 to $95,283. BTC has shown growth every 60 minutes for 14 hours in a row.
This phenomenon was recorded on the BTC/USD chart on the Coinbase cryptocurrency exchange.
According to Vetle Lunde, a senior analyst at K33 Research, such a trend is an extremely rare occurrence. This time, the growth was the longest since the beginning of 2017. The previous record was 11 green hourly candles in a row.
Similar cases have occurred repeatedly, but never on such a scale:
January 14, 2023 - 11 green candles in a row;
February 26, 2024 - 11 candles;
November 12, 2024 — 11 candles.
The fifteenth candle was already red at the end of the last series. The unique trend has ended. #BTC走势分析 #BTC☀️ #AIMarketCapDip #OnChainLendingSurge #ShareYourTrade
