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{"id":1930,"date":"2021-07-31T07:34:07","date_gmt":"2021-07-31T07:34:07","guid":{"rendered":"https:\/\/www.cryptocurrencypanther.com\/2021\/07\/31\/bitcoin-btc-closes-10-daily-green-candles-in-a-row-after-4-years-price-soars-to-42k\/"},"modified":"2021-07-31T07:34:07","modified_gmt":"2021-07-31T07:34:07","slug":"bitcoin-btc-closes-10-daily-green-candles-in-a-row-after-4-years-price-soars-to-42k","status":"publish","type":"post","link":"https:\/\/cryptocurrencypanther.com\/2021\/07\/31\/bitcoin-btc-closes-10-daily-green-candles-in-a-row-after-4-years-price-soars-to-42k\/","title":{"rendered":"Bitcoin (BTC) Closes 10 Daily-Green Candles in a Row After 4 Years, Price Soars to $42K"},"content":{"rendered":"


\n<\/p>\n

\n

Bitcoin\u2019s (BTC<\/a>) price soared above $42K earlier today for the first time in a month as the top cryptocurrency looks to move out of a two-month-long bearish phase. The price rise saw BTC record a new monthly high of $42,235 before retracing below $42K. The next resistance lies at $45K and if BTC manages to break past it, it will be back on track to retest its previous ATH of $64,863.<\/p>\n

The top cryptocurrency\u2019s on-chain<\/a> metrics have started to flash bullish signals again as it recorded 10 straight daily green candles for the first time in over 4 years. The last time BTC managed to record 10 daily green candles in a row was in May 2017 with 12\u00a0 candles in a row.<\/p>\n

\"\"