Bitcoin Rainbow Chart
>> YOUR LINK HERE: ___ http://youtube.com/watch?v=pCKtH1zsTX4
Check out the Bitcoin Rainbow Chart here: • https://www.lookintobitcoin.com/chart... • Subscribe to Look Into Bitcoin here: • https://www.lookintobitcoin.com/subsc... • The Rainbow Chart is a long-term valuation tool for Bitcoin. It uses a logarithmic growth curve to forecast the potential future price direction of Bitcoin. • It overlays rainbow color bands on top of the logarithmic growth curve channel in an attempt to highlight market sentiment at each rainbow color stage as price moves through it. Therefore highlighting potential opportunities to buy or sell. • The warmer upper colors of the rainbow chart show when the market is likely overheated. Such periods have historically proven to be good times for the strategic investor to begin taking some profits. • When price today is down towards the cooler colors, overall market sentiment is typically depressed and many investors become uninterested in Bitcoin. The Rainbow chart highlights that these periods are typically excellent times for the strategic investor to accumulate more Bitcoin. • To date, bitcoin price has continued to stay within the rainbow color bands of the logarithmic growth channel. • Disclaimer: • Nothing within this video should be misconstrued as financial advice. The information provided is for educational purposes only. You are responsible for your own investment decisions.
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