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Bitcoin Chart Signals a Break Higher, If History Is Any Guide

Akshay Chinchalkar | Bitcoin | 4 years ago

(Bloomberg) -- Bitcoin could be set to build on its recent rally. The world’s largest digital token posted a six-day winning streak through Tuesday, the 20th time it has achieved such a run since the pandemic roiled markets. The mean return over over three days, five days and 20 days is 4.1%, 5.3% and 18.5% respectively after such stretches, according to data compiled by Bloomberg. 

More stories like this are available on bloomberg.com

©2022 Bloomberg L.P.

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