 | I am the author of the original Bitcoin Rainbow Chart on blockchaincenter.net. As you may know... It is dead! We already added a new color to prolong its life but even that could not save it. BUT: The model behind the original Rainbow Chart was from 2014...we now have 12 more years of data to fit a curve... And thats what I did. The new Bitcoin Rainbow is dynamic which means it calculates a new regression up until the current day... So if we make a lower low, it will adapt. The Bitcoin Rainbow Chart is dead, long live the Bitcoin rainbow Chart [link] [comments] |
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