The Bitcoin Rainbow Chart suggests Bitcoin could trade between $59,000 and $492,000 by June 1, 2026, depending on market cycles and sentiment. Currently priced around $77,000, Bitcoin sits in the 'BUY!' zone, indicating it may be undervalued relative to its long-term trend. The chart outlines various valuation bands, from deep bear market levels to peak bubble territory, helping investors gauge potential future price movements. While useful for long-term perspective, the model does not provide precise price predictions due to evolving market factors like institutional adoption and macroeconomic trends.
Bitcoin's price surged above $77,000 recently, signaling strong market confidence and a positive trend. This rise supports predictions that Bitcoin will remain above $68,000 by May 28, reflecting sustained investor interest. Market watchers are close...
Bitcoin has bounced from support around $74,249 but faces resistance near a descending trendline, preventing a confirmed upward trend. Analysts highlight the need for a clean break above this resistance and a five-wave impulsive move to signal a stro...
Bitcoin recently broke a crucial technical support level around $75,000-$76,000, raising fears of a correction back to the $60,000 range. This drop is driven by several factors including outflows from US spot Bitcoin ETFs, renewed selling pressure, a...
Infinit (IN) surged nearly 10% on Upbit with a 500% spike in trading volume, reaching about 53.49 billion won in 24-hour turnover. This surge placed Infinit at the top of Upbit's investor sentiment rankings with an 'extreme greed' score of 97, signal...
Bitcoin's price recovered to about $75,360 after dipping below $75,000, driven by optimism over a potential 60-day ceasefire deal between the US and Iran. The ceasefire talks include easing sanctions and reopening the Strait of Hormuz, which could ea...
