While bitcoin recently hit a record-breaking $89,983, the widely followed rainbow chart—known for illustrating bitcoin’s long-term price movements and market sentiment on a logarithmic scale—sits surprisingly low compared to previous bull run peaks. The Popular Bitcoin Rainbow Chart Teases Six-Figure Future Bitcoin has been on a wild ride over the past month, with prices suggesting […]
Source: https://news.bitcoin.com/bitcoin-hits-record-high-but-the-rainbow-chart-hints-at-even-wilder-rides-ahead/
