Color-banded logarithmic price zones showing market phases
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What is the Rainbow Chart?
The Bitcoin Rainbow Chart is a logarithmic price visualization that divides Bitcoin's historical price action into color-coded bands. Each band represents different market phases, from deep accumulation (bottom) to bubble territory (top). The chart uses logarithmic regression to project these bands forward, helping traders identify whether Bitcoin is relatively undervalued or overvalued based on its long-term growth trajectory.
This chart spans over 12 years of Bitcoin price data (2013-2025) and shows how Bitcoin has moved through these zones during different market cycles, including major bull runs in 2013, 2017, and 2021.