Bagikan artikel ini
Bitcoin Chart Shows Back to Back Weekly Hammer Candles, Seen Only a Handful Of Times in BTC History
A hammer candle is where the lower or upper wick is 90% of the total range.
What to know:
- Weekly hammer candles are defined as the lower or upper wick making up 90% of the total price range.
- In the past two weeks, bitcoin has swung by 23% and 16% on an open-high, lower-close candlestick pattern.
The past few weeks have been highly volatile for bitcoin , with price action reflecting sharp swings. In the past two weeks bitcoin traded on an open-high, lower-close candlestick pattern with double-digit percentage differences.
The week beginning Feb. 24 saw bitcoin drop to a low of $78,167 and climb to a high of $96,515, a 23% swing. The following week, starting Mar. 3, recorded a low of $81,444 and a high of $94,415, marking a 16% swing.
STORY CONTINUES BELOW
Jangan lewatkan cerita lainnya.Berlangganan Newsletter Crypto Daybook Americas hari ini. Lihat semua newsletter
These large candlestick formations are known as hammer candles, as defined by analyst Checkmate, where the lower or upper wick makes up 90% of the total price range, leaving a small body with a long wick.
Checkmate’s analysis shows that Bitcoin has formed a weekly hammer candle with a 90% lower wick only five times in its history. These instances occurred during the 2017 bull run, the late 2021 bull market peak near $69,000, twice in 2023—following the Silicon Valley Bank crisis and again after the summer downturn—and once in 2024, also during a summer lull.
While the data does not show a clear pattern in bitcoin’s cycle, the 2017 bull market correction stands out, suggesting that such formations could signal critical turning points in price trends.
Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy.
Lebih untuk Anda
Yang perlu diketahui:
- 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.
Lebih untuk Anda
Asia Morning Briefing: BTC Steadies Around 90k With Liquidity Drained and a Fed Cut Fully Priced In
QCP notes participation has collapsed while Polymarket sees a shallow easing path, putting the focus on guidance and cross central bank signals.
Yang perlu diketahui:
- Bitcoin remains around $90,000 as thin year-end liquidity leads to volatility and range-bound trading.
- Traders expect a shallow easing path from the Fed, with more focus on guidance than the anticipated rate cut.
- Global market movements are influenced by diverging central bank policies and macroeconomic signals.
Top Stories
