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

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(…)