The ProShares Ultra Bitcoin ETF (BITU) closed on January 10th up 1.7% to $50.22, as Bitcoin's price surged by 2.50% to $94,843.78, driven by a rare technical pattern and shifting market sentiment. Bitcoin's streak of fourteen consecutive green hourly candles, a phenomenon not seen since 2017, has captured traders' attention, fueling optimism for further gains. This bullish momentum is further supported by the anticipated policy shift with the incoming SEC Chair Paul Atkins, expected to be more crypto-friendly. Additionally, easing selling pressure and predictions of a rebound linked to an increase in global M2 money supply have contributed to Bitcoin's positive price movement. Onchain data indicates a potential buying opportunity, as the Spent Output Profit Ratio (SOPR) suggests short-term investors are selling at a loss, a pattern often preceding price recoveries.