btcrainbowbreakout

Bitcoin just broke below the floor of its famous Rainbow Chart into the ‘BTC is dead’ zone
Reminder that this chart didn't used to have the lower purple band when it was first created many years ago. The angle of all bands was also slightly different. In other words, this isn't the first time this chart has failed and, after it gets redrawn again, it probably won't be the last.
#BTCRainbowBreakout