How does the new Rainbo2023 model work? We fitted two curves. One that is the best fit for all of Bitcoin highs (red) and one that includes only the lows (blue). The rest we just interpolated. The result is this beautiful rainbow that will hopefully have a brighter future than the old one.

The original rainbow chart was designed to estimate Bitcoin's long-term price trend using a logarithmic regression model. The equation for this model is: 10^(3.109106 * ln((number of weeks since 2009 Jan 09)/weeks) - 8.164198)

Bitcoin Rainbow Price Chart (Log Scale) Maximum Bubble Territory Sell. Seriously, SELL! FOMO intensifies Is this a bubble? HODL! Still cheap Accumulate BUY!

What Is The Bitcoin Rainbow Chart Indicator? The Rainbow Chart is a long-term valuation tool for Bitcoin. It uses a logarithmic growth curve to forecast the potential future price direction of Bitcoin.

The Rainbow Chart is a long-term valuation tool for Bitcoin. It uses a logarithmic growth curve to forecast the potential future price direction of Bitcoin. It overlays rainbow color bands on top of the logarithmic growth curve channel in an attempt to highlight market sentiment at each rainbow color stage as price moves through it.

Explore the logarithmic Bitcoin Rainbow Chart for long-term crypto predictions. Spot investment opportunities based on color bands and learn about Bitcoin halving's impact.

2023年6月28日 · The Bitcoin Rainbow Chart is a visual tool for making informed decisions about when to buy, hold, or sell bitcoin. The chart provides a quick snapshot of bitcoin's price relative to historical price trends and can help investors identify potential buying or selling opportunities.

The Bitcoin Rainbow Chart is a visual tool that uses a color-coded logarithmic regression to track Bitcoin's historical price data and predict future trends. Each color represents a different price range, from red (possible bubble) to blue (potential buying opportunity).

2024年8月15日 · The Bitcoin rainbow chart is a simple, color-coded tool designed to help investors visualize Bitcoin’s long-term price trends and market sentiment. The chart uses logarithmic regression...

The Bitcoin Rainbow Chart uses a logarithmic regression curve that takes into account years worth of historical data. The chart is overlaid with colors of the rainbow to give a simple visual guide on how Bitcoin is performing relative to its history.