๐ Bitcoin Rainbow Chart enters "Fire Sale" zone
BTC at ~$84k is now in "undervalued territory" according to the rainbow model.
For context:
โข This indicator has historically marked great accumulation zones
โข Previous "fire sale" entries: 2015, 2018, 2022
Of course, it's just one model. But when multiple indicators align...
Source: Bitcoin Magazine
Are you buying or waiting? ๐งก
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