Does the Three White Soldiers work on Bitcoin?

On Bitcoin's daily chart, after a three white soldiers Bitcoin rose within 7 days 61% of the time across 61 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
61% of 61 casesbaseline 53%
All coinsNo edge
46% of 7,212 casesbaseline 46%
Median move after the pattern +1.41% vs +0.50% from any bar; after a 0.2% round trip of fees +1.21%.

Daily chart

WithinBitcoinOrdinary barCasesAll coinsVerdict
24 hours54% (45%–63%)51%10945% vs 49%No edge
30 days59% (44%–72%)55%4445% vs 43%No edge
7 days61% (48%–72%)53%6146% vs 46%No edge

4-hour chart

WithinBitcoinOrdinary barCasesAll coinsVerdict
24 hours55% (49%–61%)52%28848% vs 49%No edge
7 days54% (46%–61%)54%16550% vs 48%No edge

1-hour chart

WithinBitcoinOrdinary barCasesAll coinsVerdict
24 hours46% (42%–51%)52%52749% vs 50%Leans opposite
4 hours47% (43%–51%)51%71348% vs 50%Leans opposite

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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