Bitcoin’s next big move could be much bigger than expected.
The Rainbow Chart points to a potential $423K peak in the “Bubble” zone — almost matching the $430K bullish target.
What makes this interesting?
$BTC has already moved beyond $85K, while several on-chain and technical signals suggest the market structure has shifted.
Profit-taking also appears less aggressive than during the August breakout, with aSOPR around 1% versus 4% at that time.
If the cycle continues to mature, is $423K really out of reach?
The Rainbow Chart points to a potential $423K peak in the “Bubble” zone — almost matching the $430K bullish target.
What makes this interesting?
$BTC has already moved beyond $85K, while several on-chain and technical signals suggest the market structure has shifted.
Profit-taking also appears less aggressive than during the August breakout, with aSOPR around 1% versus 4% at that time.
If the cycle continues to mature, is $423K really out of reach?