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Home»BITCOIN NEWS»Bitcoin has hit an all-time high, but the rainbow chart suggests it’s heading in an even wilder direction.
BITCOIN NEWS

Bitcoin has hit an all-time high, but the rainbow chart suggests it’s heading in an even wilder direction.

By Crypto FlexsNovember 12, 20241 Min Read
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Bitcoin has hit an all-time high, but the rainbow chart suggests it’s heading in an even wilder direction.
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Bitcoin recently hit a record $89,983, but the rainbow chart, widely known to show Bitcoin’s long-term price movement and market sentiment on a logarithmic scale, remains surprisingly low compared to previous bullish peaks. The popular Bitcoin rainbow chart predicts a six-digit future. Bitcoin’s price has surged over the past month as follows(…)

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