The Bitcoin Rainbow Chart indicates that the BTC price may have bottomed out. According to the chart, if Bitcoin price follows the long-term ongoing pattern, the king crypto (BTC) could reach the ‘Maximum Bubble Zone’ represented by dark red which shows the Bitcoin price could reach $626,383 by October 9, 2024.
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- Source: https://youtu.be/w_Ayvx8uA1I
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