Bitcoin (BTC) $92,474.72 -1.69%
Ethereum (ETH) $3,242.17 0.20%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 138.896774 0.61%
Dogecoin (DOGE) $0.15 -2.62%
Cardano (ADA) $0.41 -1.44%
Chainlink (LINK) $13.76 -1.40%
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Dash (DASH) $43.75 -0.07%
Polygon (MATIC) 0.25693 2.45%
Helium (HNT) 1.559372 -1.53%
X-CASH (XCASH) 2.0E-6 2.49%

Cryptocurrencies: 28150

Markets: 117361

Market Cap: $3,172,985,855,419

24h Vol: $133,047,356,355

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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