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 […]
Go to Source
Author: Jamie Redman
Related posts:
- Bitcoin Price Regains Strength Above $41K, Crypto Market Cap Jumps 6% in 24 Hours
- Bitcoin Captures $50K Position, BTC Market Capitalization Nears $1 Trillion
- Robert Kiyosaki Says His Prediction of Bitcoin Hitting $350K in August ‘Is Not a Lie’ — Also Bullish on Ethereum and Solana
- Standard Chartered: Bitcoin Could Hit $125K Under Trump, $75K Under Harris