🌈 Bitcoin enters the “Fire Sale” zone for the first time since December 2023
The Rainbow Chart shows that $BTC has just revisited the so-called “Fire Sale” zone, a level historically associated with extreme undervaluation.
The last occurrence dates back to December 2023, when the price was hovering around $42,000. This lowest band of the logarithmic model appears only rarely and has, in the past, coincided with major long-term accumulation zones.
📈Crypto_whales















