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Bitcoin Price Heading for Fire Sale Prices

Bitcoin’s comparative lull in the second part of 2019 may have many investors licking their wounds… but it’s not all bad. At the moment, there is an opportunity to buy BTC at basically ‘fire sale’ prices. At least according to the Rainbow Chart from BlockchainCenter.net. Bitcoin Rainbow Chart The Bitcoin Rainbow Chart has been around since 2014, and basically overlays coloured bands, from red through yellow to blue, over a log-scale BTC price against time

The post Bitcoin Approaching ‘Fire Sale’ Price According To Rainbow Chart appeared first on Bitcoinist.com.

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