The 2x Bitcoin Strategy ETF (BITX) closed on January 10th up 1.64% at $52.62, as Bitcoin's price surged by 2.50% to $94,843.78, driven by a rare technical pattern and shifting market sentiment. Bitcoin's price movement was notably influenced by the formation of fourteen consecutive green hourly candles, a streak not seen since 2017, which has sparked optimism among traders. This bullish momentum is further supported by easing selling pressure and expectations of an expanding global M2 money supply. Additionally, the anticipated policy shift under the incoming SEC Chair Paul Atkins, who is expected to adopt a more crypto-friendly approach, has added to the market's optimism. Onchain data suggests a potential buying opportunity, as the Spent Output Profit Ratio (SOPR) indicates short-term investors are selling at a loss, a pattern that often precedes price recoveries.