$BTC has just recorded 8 consecutive green days.
In Bitcoin’s entire history, that’s happened only 15 times.
It feels great, everyone’s celebrating. I get it.
But one of those 15 streaks was March 22–29, 2022. What followed? A 60% drop over the next 80 days.
I’m not saying history will repeat exactly. Maybe the macro conditions, ETF inflows, and buyer base are different this time.
Still, when something this rare happens
and the last occurrence led to a massive pullback, it’s worth keeping in mind while the crowd cheers.
Long winning streaks often make people think the trend is unstoppable. Sometimes it is. Sometimes it’s just the final gasp before a reversal.
Until the Strait of Hormuz situation is resolved, let’s stay cautious. Trade carefully and stay safe out there.