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+--- Thread: BTC Rainbow Chart (/showthread.php?tid=6158380)
BTC Rainbow Chart - Voxi - Jun 11, 2021
Has anyone come across this chart before? I've just seen it for the first time on JRNY Crypto Youtube channel & I must say it's quite interesting.
https://www.blockchaincenter.net/bitcoin-rainbow-chart/
What are your thoughts on this? We haven't hit the dark orange or red yet this cycle.
RE: BTC Rainbow Chart - T0Bi - Jun 11, 2021
It's basically the same as this: https://www.lookintobitcoin.com/charts/bitcoin-logarithmic-growth-curve/
But with colors so even stupid people can read it lol
On the one hand I find it quite interesting, on the other hand with so few datapoints testing the limits it's hard to say anything about its prediction power.