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21 sats \ 1 reply \ @timechain 17 Oct 2022 \ on: 🌈 Bitcoin Rainbow Chart (Live) - Thought’s on this chart? bitcoin
I mean, its a little low, but not that bad at all, each halving cycle, it reaches its lowest point around there.
I just don't want to support it because it causes false confidence. "All your models are destroyed" is the phrase. Also, there will be a halving cycle where the cycle stops and no bear market occurs. Supercycle. I don't want anyone to have sold because of a color of the rainbow.
Seems like this one has replaced the s2f model as it broke for people to feel more positive during the bear market
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