If you have any questions, feel free to hit me up on Twitter or contact our PR Department. As you can see, even in the new model we are in the lowest “Fire Sale” band, so fingers crossed! The result is this beautiful rainbow that will hopefully have a brighter future than the old one. You can insert a linear trend line, a polynomial trendline, power trendline, exponential trendline, moving Average trendline. One that is the best fit for all of Bitcoin highs (red) and one that includes only the lows (blue). Microsoft security Accessibility center There are different trendline options that are available. And here is the old version of the chart. There is no scientific basis underpinning it.Ĭlick here if you want to read the full story behind the Bitcoin Rainbow Chart. You can not predict the price of Bitcoin with a rainbow! It is meant to be be a fun way of looking at the historical long term price movements, disregarding the daily volatility “noise”. The Rainbow Chart is not investment advice! Past performance is not an indication of future results. Seriously, SELL! FOMO intensifies Is this a bubble? HODL! Still cheap Accumulate BUY! Basically a Fire Sale
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