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

https://ift.tt/NxFciDH
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 […]

from Bitcoin News https://ift.tt/92IHr6e