The two-week-long Bitcoin (BTC) winning streak has finally come to an end, after the cryptocurrency formed its first red candle on Jan. 18.
The day prior, BTC was shaping up to match or perhaps beat its November 2013 record of 15 consecutive days of positive cost motion, the longest of such streaks in its history.While the record was
n’t beaten, Bitcoin did publish the longest win streak given that the 2013 record in a” outrageous “run-up, according to some commentators on Twitter.
#Bitcoin – One red everyday candle light does not eliminate 2 weeks of bullish green candles. We needed one already, that up just run was outrageous. It’s as bad as commemorating a bounce after missing out on a whole relocation down (I’ve done it). I expect you provide the bears the same treatment. pic.twitter.com/LJIbBKbE8c!.?.!— IncomeSharks(@IncomeSharks
)January 18, 2023 Pandoraland data programs Bitcoin neared a 2.4%loss over the
More Stories
Sleeping Bitcoin wallet stirs after 11 years, moving over $30M
Bitcoin block 800,000 mined — What’s next?
From rugs to riches: UK carpet retailer to adopt Bitcoin standard