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Bitcoin posts eight consecutive daily gains for the first time in four years

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Bitcoin news: The asset recorded eight consecutive daily gains from March 9 to March 17, the longest such streak in nearly four years. According to Glassnode, this has occurred 15 times in history, with nine instances resulting in higher prices 30 days later. The median increase following such rallies is approximately 19%. Daily market report data indicates consistent buying pressure throughout the rally.

BlockBeats news: On March 17, Bitcoin recorded eight consecutive trading days of gains since March 9, the first such occurrence in nearly four years.


According to Glassnode data, Bitcoin has experienced at least eight consecutive daily gains 15 times in history; in 9 of those instances, prices continued to rise over the following 30 days, while they declined in 6, with a median gain of approximately 19% over the 30-day period.

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