Bitcoin (BTC) $69,383.66 3.78%
Ethereum (ETH) $2,144.66 5.42%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 82.420512 4.28%
Cardano (ADA) $0.26 5.52%
Chainlink (LINK) $9.03 5.91%
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Dogecoin (DOGE) $0.00 2.57%

Cryptocurrencies: 28746

Markets: 115610

Market Cap: $2,376,984,934,957

24h Vol: $82,596,876,839

Bitcoin.com

2023-01-26 20:30:51

After Mocking the Price Model, Crypto Advocates Discuss Bitcoin’s Rainbow Chart Reintegration

After Mocking the Price Model, Crypto Advocates Discuss Bitcoin’s Rainbow Chart Reintegration

On a few occasions last year, crypto advocates discussed how a number of price models, leveraged to help predict the future value of bitcoin, ended up failing. However, since bitcoin’s value has increased by 36% over the last month, the price has entered the darkest band of the rainbow chart after breaking below the rainbow

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