Bitcoin rainbow chart shows price is now below the gay zone

    https://i.redd.it/fo1i0rokyurg1.png

    Posted by throughthehills2

    39 Comments

    1. You need to draw a FULL RAINBOW.

      It starts at zero and ends at zero.
      Then look how BTC fits 😉

    2. You can’t deny Bitcoin is doing exactly as predicted. That is a beautiful graph.

      Higher highs and higher lows every time, in a clear logarithmic curve.

      I bought a Bitcoin last week at $70k and I’ll buy another one in a year, whatever the price. The halving is on its way.

      By the way, what retard drew that rainbow? [Hey ChatGPT, move the rainbow to the right a little.](https://i.imgur.com/Ik3ChNp.png)

    3. You forget rainbows come in multiples, check veritasium video for facts, this is not the sub for such talk.

    4. randyranderson- on

      Doesn’t matter. That’s chart accurately described an immature bitcoin, but now that bitcoin is a more mature asset in the financial ecosystem, different price dynamics are more dominant.

      In other words, bitcoins current pricing pattern isn’t weird, it’s just different.

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