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Bitcoin Elliott Wave Technical Analysis Today! Bullish \u0026 Bearish Price Prediction BTC \u0026 News #cryptoThe Rainbow price chart is a long-term valuation tool for Bitcoin. It uses a logarithmic growth curve to forecast the potential future price direction of. The Rainbow Chart is a long-term valuation tool for Bitcoin. It uses a logarithmic growth curve to forecast the potential future price direction of Bitcoin. Halving Progress. Shows Bitcoin's price in its current cycle compared to past cycles. Red dots indicate all-time highs.