Shooting star
A shooting star is a candle with a long upper wick, at least about twice its body, and a small body near the bottom of the range. Price rose a long way during the period and was sold back.
On 13 March 2026 Bitcoin’s daily candle was a shooting star. On 2 October 2026 a similar candle reached up to a level at 87,385 and was pushed back to close more than 2,700 dollars below. It is the mirror image of the hammer, and like any candle it says more where it forms, at a level, than by its shape alone.
Learn more: what is a candle? and what does a long wick mean?.