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Bitcoin quietly hit 8 consecutive green days.
I looked up the history of 8 consecutive green days over the past 5 years:
1. 2020-10-28 → 2020-11-04
BTC appeared with 8 consecutive green days
Subsequent movement:
→ Pullback for a few days
→ Institutional bull market launch
13000 → 69000
Category:
Main uptrend initiation
2. 2023-01-09 → 2023-01-16
BTC appeared with 8 consecutive green days
Subsequent movement
→ Sideways consolidation
→ Rise to 31000
Category:
Bear market reversal early stage
What category does the current situation fall into?
It feels like normally when we see 8 consecutive green days, the market gets very fomo, but right now barely anyone is talking about it.
#btc