BITCOIN RAINBOW PRICE CHART INDICATOR

The Bitcoin Rainbow Chart is a long-term valuation model introduced in 2014 as a way to visualize Bitcoin's price movement using logarithmic regression. Originally designed as a meme guide, it gained popularity for highlighting Bitcoin's cyclical nature. Traders use it to assess where Bitcoin stands in its long-term growth cycle, helping identify potential accumulation or exit zones without relying on short-term forecasts.