Historically, Bitcoin's daily chart has only seen 5 instances of "8 consecutive positive days."

1、Early 2013 bull market, BTC was still at a few hundred dollars. After 8 consecutive positive days, it continued its wild run, directly surging toward the thousand-dollar mark.
The sentiment back then: common people turning their lives around, miss it and wait another ten years.

2、2017 mega bull market, one of the crazy phases. 8 consecutive positive days often appeared as just a fragment within a larger move, directly charging toward $20,000.
Friends' circles were filled with "all-in."

3、2020-2021 cycle, pandemic liquidity + institutional entry. 8 consecutive positive days often appeared on the eve of breakthroughs, ultimately reaching the $69,000 all-time high.
Sentiment: this time is really different.

4、2024 ETF rally
Spot ETF approval, market pulled up from the bottom. After 8 consecutive positive days, it continued to new highs, entering the 100k+ range.
Sentiment: institutional bull market just beginning.

5、Another small rebound (around 2019)
A bear market end retracement, which was later violently washed out. 3 times directly entered the main uptrend, 1 time a continuation acceleration, then the main uptrend. 1 time, a false breakout (that time was after the overall crypto market cap increased). Previously, every 8 consecutive positive days didn't have people all-in, because everyone was traumatized from being shaken out. Before pulling the price, there was crazy volatility.