Long-term investors can draw solace from the fact that the dominance and RSI trends did not match the previous cycle tops.

Many Bitcoin investors use a long-term strategy and use tools such as the Bitcoin Rainbow Chart. This graph gives an ...

Bitcoin Rainbow Chart shows BTC signals accumulation. Prediction models and analysts forecast a major BTC rally in the next few months. Bitcoin [BTC] rallied over 68% in Q1 2024, but Q2 headwinds ...

The Rainbow Chart does not put limits on the upside, but warns of bubble conditions above a certain price. Failing patterns can happen in both bear and bull markets. For Bitcoin, there are ...

The Bitcoin Rainbow Chart indicates that the price is “still cheap” as it imitates the 2021 bull cycle, where the Relative Strength Index (RSI) stayed above 70 for weeks before declining.

Let’s use 5 indicators to see if BTC is at its peak now,” Lookonchain writes. #1 Bitcoin Rainbow Chart Described by Lookonchain as “a long-term valuation tool that uses a logarithmic growth ...