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.
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. What's Your Reaction?
