Bitcoin ‘Rainbow Chart’ Looking At Possible $600,000 Price

Bitcoin is often compared to gold, and this comparison may not be far off. According to a Bitcoin Rainbow chart, investors that hold onto BTC over the next two years may reap humongous gains – much like folklore’s pot of gold at the end of the rainbow.

The Blockchain Center’s Rainbow price chart is one of the methods used to forecast the crypto’s price. This graphic illustrates how Bitcoin’s price history can be used to forecast the asset’s future performance.

The BTC price chart indicates that if recent trends continue, the cryptocurrency might reach above $600,000 in value. There’s hope for the token’s future if the price chart is any indication.

Source: Bl