Bitcoin price spends majority of time in the "fire sale" band.
Just eyeballing it, looks like the BTC price spends most of the time in the lowest band of the rainbow. The rest of the time it is transitioning by either escaping from it and going to the moon, or coming back to earth.
註釋
tradingview.com/chart/vw7E2gRV/Created with Fib Circles
註釋
Turns out this was a fairly accurate curve. I must have altered it later.
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