Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: trendcoin on August 12, 2020, 05:02:55 PM

Title: Bitcoin "Rainbow" Price Chart
Post by: trendcoin on August 12, 2020, 05:02:55 PM
blockchaincenter.net website; He arranged the bitcoin logarithmic chart as a rainbow price chart, creating some trading points.


(https://i.ibb.co/b3d1Ym3/g-tku-a.png)

You can also follow the latest situation on the chart live on https://www.blockchaincenter.net/bitcoin-rainbow-chart/.

In addition, different trends that can be considered interesting have been created.

(https://www.blockchaincenter.net/wp-content/uploads/2015/07/rainbow-bitcoin-carts.png)
Title: Re: Bitcoin "Rainbow" Price Chart
Post by: Alcor on August 12, 2020, 07:09:03 PM
This is all beautiful, but these charts and diagrams are unlikely to be able to really show us how the cryptocurrency will develop further and even what its price will be in the future. According to the charts, the price of bitcoin can freely grow up to one hundred thousand dollars and even up to a million dollars. In practice, apparently, it will be quite different. We saw what happened to the price of bitcoin and the cryptocurrency market in general when bitcoin rose in price to $ 20,000. What happens if its price reaches $ 30,000 - $ 40,000? There is no such practice yet.
Title: Re: Bitcoin "Rainbow" Price Chart
Post by: Quart on August 12, 2020, 11:27:13 PM
Interesting!! If the trend of Bitcoin continues to form "Rainbow" price chart (pict 1), means it is going to a higher rate day after day. I really expect that we will have always "Rainbow" price chart like in the first picture. It is because of a good sign to have better and better price this year.
Title: Re: Bitcoin "Rainbow" Price Chart
Post by: aiviaa485 on August 13, 2020, 11:00:56 PM
This chart is identical to the curve of the rainbow and the rainbow between rising from below or a round rainbow around the sun.

I can also say that if the chart is free what it is like, as long as the price for the chart remains the original price of Bitcoin.
This is according to my experience and the chart can be used in any part including the Speedo motor in engine speed.
Title: Re: Bitcoin "Rainbow" Price Chart
Post by: Gurjasmeet Singh on August 14, 2020, 04:12:22 PM
Wow, rainbow chart of bitcoin price to makes interest  & trust in the public. Although this chart shows growing up in the market price. But one thing presrise lot of people, how can it's work will be growing up to the latest projects in future.
Title: Re: Bitcoin "Rainbow" Price Chart
Post by: tinakoya on August 14, 2020, 04:28:38 PM
The charts are looking so attractive lately, it seem we are indeed starting a bull run. All the signs are indeed so clear but then it's just predictions after-all. We just need to wait and see what unfolds
Title: Re: Bitcoin "Rainbow" Price Chart
Post by: TERMINO on August 14, 2020, 05:41:20 PM
Beautiful, interesting, at the same time attractive. But it could be the same rainbow in actual scenario from 0 degree up to high 90 degrees and fall again to 180 degrees which could be zero. What I mean is from rising graph there is a down trend graph also.
Title: Re: Bitcoin "Rainbow" Price Chart
Post by: krypto4uvak on August 19, 2020, 10:09:16 AM
This is all beautiful and I have never seen this anywhere else. And if you look at the charts, then most likely the price of bitcoin will soon begin to grow rapidly.
Title: Re: Bitcoin "Rainbow" Price Chart
Post by: jacaf01 on August 19, 2020, 01:59:04 PM
I love this especially because he uses log chart for this, really creative. The recent influx of free money into the economy makes me to believe it just a matter of time before BTC hit $100k. With all the recent pump in the prices of most of these Altcoins and BTC dominance still at 60% just shows people still trust BTC to dominate the next bull market
Title: Re: Bitcoin "Rainbow" Price Chart
Post by: trendcoin on August 19, 2020, 05:48:40 PM
Quote from: TERMINO on August 14, 2020, 05:41:20 PM
Beautiful, interesting, at the same time attractive. But it could be the same rainbow in actual scenario from 0 degree up to high 90 degrees and fall again to 180 degrees which could be zero. What I mean is from rising graph there is a down trend graph also.

yes, what you say should definitely be taken into account. each ascent creates its own downfall. In addition, the human eye cannot see ultraviolet and infrared light. so you can be absolutely right scientifically. :)

Quote from: wahyudi on August 14, 2020, 01:39:34 PM
Rainbow (XRB) price for today is US $ 0.00001340 with a 24-hour trading volume of?.  It has a circulating supply of 0 coins and a max supply of 6 Million coins.  To view addresses and transactions, you can use a block explorer such as etherscan.io

this is a wrong answer. because our topic is not "xrb". also "xrb" became "nano" by rebranding a long time ago.
Title: Re: Bitcoin "Rainbow" Price Chart
Post by: Gurujebs on August 19, 2020, 06:18:19 PM
Speculative asset with technical analysis don't turn out to be true sometimes, however they are good as reference for predicting the movement of equity and digital assets.

What do you think will happen to bitcoin if we experience another wave of pandemic like this current corona?
Will this model adjust itself?