Part 1 Advanced The Market Maker’s Exchange Checklist (Liquidity, Latency, and Risk Controls) Market makers and HFT desks: evaluate exchanges on execution quality, liquidity, latency, fees, margin, and security — with a WhiteBIT walkthrough. Open guide This article is more than 2 years old...
Bitcoin on the cusp of historic 9th consecutive week of gains
With eight weeks of gains behind it, Bitcoin inches ever closer to breaking previous records.
Quick Take
Bitcoin has recently recorded eight consecutive weeks of gains from Oct 16 to Dec 4, a phenomenon that has only happened six times in the past.
| Streak Start Date | Streak End Date |
|---|---|
| 2010-12-06 | 2011-01-24 |
| 2012-05-14 | 2012-07-02 |
| 2013-01-07 | 2013-02-25 |
| 2013-10-07 | 2013-11-25 |
| 2015-09-14 | 2015-11-02 |
| 2017-04-17 | 2017-06-05 |
| 2023-10-16 | 2023-12-04 |
Source: Glassnode
Current figures depict a slight 3.3% downturn for Bitcoin this week. For a positive week, Bitcoin's value would need to reach around $44,000.
If the value reaches around $44,000 by the end of next week, it could mark a ninth consecutive week of gains—an event only experienced three times in history.
| Streak Start Date | Streak End Date |
|---|---|
| 2010-12-06 | 2011-01-31 |
| 2012-05-14 | 2012-07-09 |
| 2013-01-07 | 2013-03-04 |
Source: Glassnode
















