- According to the rainbow chart, the price of Bitcoin will show gradual growth until mid-May.
Bitcoin (BTC) Rainbow Chart signals that the asset remains in the middle of the cycle and will show gradual growth until the beginning of May.
The May 1 forecast places the Bargain Sale zone’s lower boundary at $57,644, representing extreme undervaluation historically associated with cycle lows.
Slightly higher at approximately $77,630 is the “BUY!” zone, signaling a strong entry point for long-term investors. Following this is the “ACCUMULATE” range at $100,127, reflecting continued buying at favorable prices.
Bitcoin Rainbow Chart. Source: BlockhainCenter
Moving higher, the Still Cheap zone is located around $129,184, which suggests that kriptovalyuta remains undervalued relative to its long-term trajectory. The “HOLD!” zone, often considered a fair value, is located around $168,966. Beyond this level, the “Is it a bubble?” zone appears at $214,985, where optimism is beginning to gain momentum.
Further up the curve is the zone “FOMO “strengthening” is located at $275,154, which is usually associated with a rapid rise in prices caused by market hype.
The “Sell. Seriously, SELL!” zone is at $357,761, which historically corresponds to the late stage of a bullish impulse. At the top of the spectrum is the “maximum bubble territory” near $480,610, indicating extreme overvaluation and an increased risk of a sharp correction.
Based on these forecasts, Bitcoin’s current price of $74,193 is just below the BUY! threshold, suggesting that BTC is still in the early stages of accumulation relative to the model.
If the asset starts to rise by May 1, a move in the range from $77,000 to $100,000 would represent a transition from BUY to ACCUMULATE, indicating a strengthening market structure without overheating.
While a rainbow chart doesn’t predict exact prices, it does provide a long-term basis for understanding valuation cycles.
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