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Bitcoin Hits Record High, but the Rainbow Chart Hints at Even Wilder Rides Ahead

Bitcoin Hits Record High, but the Rainbow Chart Hints at Even Wilder Rides Ahead



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/

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