Bitcoin's rainbow chart is wishful thinking; it's actually just the first half of a parabola opening downwards with an increasingly shallow slope. Parabola: y = ax² + bx + c, a < 0 (opening downwards) First half: First derivative > 0 (upwards) Slope decreasing: Second derivative < 0 (becoming increasingly flat) However, when the true peak will be reached, or how it will proceed afterward, remains unknown. @100trillionUSD
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