Markets are now in: “Bitcoin is Dead” section of the Rainbow Chart.
The last two times were:- December 2022 - $18,650- September 2023 - $25,210Today: $66,666.43As Bitcoin drops more, is this the end of the famous Rainbow Chart v2?Especially as a psychological log regression model that retail follows.Or is this a buying opportunity?Could be yes to both.Source: Serenity
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments