Bitcoin has experienced high volatility in recent weeks, with significant price swings. The past two weeks saw bitcoin trade within a pattern known as a hammer candle, where the lower or upper wick represents 90% of the price range. Analysis shows that bitcoin has formed such candles only five times in its history, with the 2017 bull market correction being particularly noteworthy. While there is no clear pattern, these formations may indicate important turning points in price trends.



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