Bitcoin's Historic Run: 12-Day Win Streak Nears Record
Bitcoin is making headlines again, and for good reason. A recent tweet from Grayscale Documenting Bitcoin highlights a remarkable milestone: Bitcoin has been on an upward streak for 12 consecutive days! This phenomenal climb marks Bitcoin’s second-longest winning streak in history.
The world's largest token's impressive performance echoes a recent rally. According to Bloomberg, Bitcoin is on track for its seventh consecutive weekly gain, fueled by growing optimism surrounding a potentially crypto-friendly Trump administration. This positive sentiment further reinforces Bitcoin's momentum.
Bloomberg also reports that Bitcoin is aiming for its fifth straight month of gains. This consistent upward trend would be the longest winning streak the token has seen since the pandemic-era rally, a period characterized by easy monetary policy.
However, the journey hasn't been without its challenges. After the introduction of new funds, Bitcoin then posted a 12-day drop of about 21 percent as traders closely watched their performance. One such product is the US$21 billion Grayscale. But this dip appears to be a short-lived correction in a larger bullish trend.
While past performance is no guarantee of future results, Bitcoin's current 12-day win streak, and its potential for continued monthly and weekly gains, signal strong underlying momentum. The previous longest streak since 2025 was a nine straight day climb. Keep up with market movements as this exciting chapter in Bitcoin's history unfolds.