# Bitcoin Analysis: Rare 8 Consecutive Bullish Days

Bitcoin has broken out with a rare 8 consecutive bullish days. Why is this considered rare? Setting aside whether the pattern is strong or not, based solely on the 8 consecutive bullish days formation, the last occurrence was in November 2024. This means it hasn't happened throughout the entire year of 2025 until now, and it continues to show strength. Whether today will break this streak remains unknown!

Looking back at the previous 8 consecutive bullish days formation, the key difference with now is that it was previously part of an uptrend, whereas currently it represents a rebound during a weak market. These two scenarios have very significant differences. An uptrend phase indicates extreme strength, the starting point of a bull market, and sustained momentum in an uptrend. A rebound during a downtrend, meanwhile, is more about filling gaps, and at each peak there are substantial resistances, resulting in insufficient continuation power. Therefore, we can clearly see that within the 8 consecutive bullish days on the daily chart, most of them exhibit consolidation!

Price-wise, it broke through 74000 and extended to 76000, which I already emphasized yesterday. 73800 is the suppression level, while 74000 serves as the acceleration point. Short-term momentum is 500 points, daily momentum exceeds 1000 points. So the daily performance is the continuation rebound we saw after this morning's opening, ultimately resulting in approximately 2000 points of pullback around 76000. Daily chart shows rise followed by fall—this will be a critical test for subsequent support. If the decline continues, today will basically interrupt the bullish candle, and the probability of another downtrend strengthening will increase!

Everyone, remember this: top signals appearing in weak markets have much stronger continuation momentum for shorts compared to longs. Since we have consecutive bullish candles, we cannot break through the support levels. Even if we do, it can only be a false break—the close must be pulled up. At minimum, even if we can't see a large bullish candle, we cannot interrupt the bullish k pattern. Today's opening price was around 74800—this point is critical and will be the intraday battleground between bulls and bears!

The four-hour chart shows steady upward momentum, but this morning's bearish candle will be the important guiding factor going forward. This differs from last night's bearish candle. Last night was a bearish candle pullback where the close failed to stabilize above 74000 and faced suppression. This morning's is a surge and pullback after stabilizing above 74000. The essence has a very significant difference. The afternoon session is very important. If it continues with bearish candles declining, the probability of an evening rally wouldn't be great, and ultimately we'd close with a bearish candle for the day. If there's a pattern of first falling then rising, converting from bearish to bullish, it means the evening will continue breaking higher!

After the analysis, let's focus on important support points. On the daily chart, pay attention to the suppression pullback point from the previous few days' rebound high around 73800—this represents a current small top-bottom conversion, not substantial support. Of course, if Bitcoin shows extremely strong uptrend momentum, like 8 consecutive bullish days within an uptrend cycle, I would unhesitatingly go long at this level. However, since the situation is different, I believe we need to be more prudent. Additionally, since today is still a rise-then-fall pattern, the significance is quite different. Conversely, in a fall-first scenario, going long is more logically sound and prudent!

To find prudent support points for going long, we need to pay attention to the launch point. Last night's lowest retracement point was around 73000—this level cannot be broken. If it breaks, today can't form a bullish k pattern, and even if it rises subsequently, the momentum won't be significant. For the four-hour chart's first breakdown point from 74000's retracement, focus on around 72800. The overall trend structure has formed a mid-level consolidation with the pattern of higher lows. According to corresponding support from the uptrend line, today we ultimately obtained a long entry point around 73300. First, the stop-loss risk is well-controlled—it can be set below the previous day's low. Second, the profit space is also good—a basic target of 1000 points shouldn't be a problem.

Regarding resistance, today we already arranged a short at 75600, which was this morning's high—fortunately we captured pullback profits. What comes next is either watching for declines around 74800 or waiting for continuation momentum after breaking higher. Based on recent momentum and pattern structures, subsequent momentum from breaking higher is expected to reach around 78000. Only then should we consider taking profits from short positions. As for other levels, since you've already missed them, there's nothing that can be done.