What is the Bitcoin Rainbow Chart and How Does it Work?

The Bitcoin rainbow chart is a visualization of the price of Bitcoin over time. It is so called because the graph shows the price’s value in light blue, dark blue, and green, with the darkest shade being one bitcoin’s value at its most recent peak and light green being one bitcoin’s value at its lowest point.

This colour scheme has been adopted by many other cryptocurrencies to show their own prices in a similar way.

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