Share this article
Bitcoin Registers 14 Green Hourly Candles, Longest Streak Since 2017
K33 Research suggests this type of price action has only occurred a few times since 2017.
Jan 10, 2025, 11:30 a.m.
What to know:
- BTCUSD pair on Coinbase on a one-hour time frame has now put in fourteen green hourly candles.
- This pattern occurred from Jan. 9 at 9PM GMT to Jan. 10 at 11am.
Many traders were watching the bitcoin price action during European hours on Friday, slightly confused and for good reason.
If you look at the candlesticks chart for BTCUSD pair on Coinbase, you would see fourteen green hourly candles, which means in the last 14 hours bitcoin scored gains in each hour.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
The hourly candles comes as BTC price has gone up from $91,771 to $95,283. The trend started on Jan. 9 at 21:00 UTC and has worked its way until 10:00 UTC on Jan. 10.
The unusual price chart has left traders on X perplexed.
Vetle Lunde, Senior analyst at K33 Research, put together data points on when this last happened. This is currently the longest hourly green candle streak since at least January 1, 2017, when it put in 11.
But, its not the first time we have seen double-digit hourly green candles in recent times. Bitcoin charts have shown similar patterns on Jan. 14, 2023 (11), Feb. 26, 2024 (11) and Nov. 12, 2024 (11) as well.
The fifteenth hourly candle is currently red, potentially ending this trend and is due to finish at 12:00 UTC.
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Tom Lee responds to controversy surrounding Fundstrat’s differing bitcoin outlooks
A debate on X over seemingly conflicting bitcoin forecasts from Fundstrat analysts drew a response from Tom Lee, highlighting differing mandates and time horizons.
What to know:
- X users flagged what appeared to be conflicting bitcoin outlooks from Fundstrat’s Tom Lee and Sean Farrell.
- Lee endorsed a post arguing the views reflect different mandates and time horizons, not internal disagreement.
- The episode highlights how public commentary can blur distinctions between short-term risk management and long-term macro views.
Top Stories
