Does the Bullish Harami work on Bitcoin?

On Bitcoin's daily chart, after a bullish harami Bitcoin rose within 7 days 49% of the time across 162 past cases. On an ordinary day it did so 53% of the time.

No edge: a coin flipIndistinguishable from an ordinary day on this coin. Most patterns land here.
On BitcoinNo edge
49% of 162 casesbaseline 53%
All coinsNo edge
45% of 15,980 casesbaseline 46%
Median move after the pattern -0.02% vs +0.50% from any bar; after a 0.2% round trip of fees -0.22%.

Daily chart

WithinBitcoinOrdinary barCasesAll coinsVerdict
24 hours47% (40%–53%)51%21047% vs 48%No edge
30 days52% (41%–63%)55%7541% vs 42%No edge
7 days49% (42%–57%)53%16245% vs 46%No edge

4-hour chart

WithinBitcoinOrdinary barCasesAll coinsVerdict
24 hours53% (50%–57%)52%76650% vs 49%No edge
7 days53% (47%–59%)54%26848% vs 48%No edge

1-hour chart

WithinBitcoinOrdinary barCasesAll coinsVerdict
24 hours53% (50%–56%)52%87751% vs 50%No edge
4 hours53% (50%–55%)51%186450% vs 50%No edge

How this is measured: each occurrence is counted from the bar where the pattern became knowable, overlapping cases are dropped, and the result is compared with how often Bitcoin moved the same way from any random bar over the same window. A pattern only earns "beat the baseline" when the difference is larger than luck explains across all the tests we run. Full method.

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