Bitcoin Rainbow Chart Explained: A Meme Model, Not a Forecast
A long-term price chart on a log scale with a logarithmic regression curve and colored bands. A meme that only describes the past, not a forecast. Not investment advice.
English · ~1 min · Published 2026-10-13
Key takeaways
- What It Is. The Bitcoin Rainbow Chart is a long-term price chart with colored bands drawn over it.
- How It Works. The price axis is logarithmic, so each step up means the price multiplied, not just added.
- Not a Forecast. The chart only describes the past.
Full transcript
What It Is
The Bitcoin Rainbow Chart is a long-term price chart with colored bands drawn over it. It began as an internet meme in Bitcoin forums, around twenty fourteen. It shows Bitcoin's price history over many years, not days. It is a fun way to see where today's price sits in that history.
How It Works
The price axis is logarithmic, so each step up means the price multiplied, not just added. A smooth curve is fitted through past prices. This is called a logarithmic regression. Colored bands are placed around that curve, from cool blue at the bottom to hot red at the top. Blue is often labeled cheap, and red is labeled bubble. Those labels are jokes, not science.
Not a Forecast
The chart only describes the past. It cannot predict the future price. When price moved outside the bands, the bands have been redrawn before. It is one simple model among many, and markets can ignore it. Use it for perspective, not for decisions. This video is not investment advice.
FAQ
- What is this video about?
- A long-term price chart on a log scale with a logarithmic regression curve and colored bands. A meme that only describes the past, not a forecast. Not investment advice.
- What It Is?
- The Bitcoin Rainbow Chart is a long-term price chart with colored bands drawn over it. It began as an internet meme in Bitcoin forums, around twenty fourteen. It shows Bitcoin's price history over many years, not days. It is a fun way to see where today's price sits in that history.
- How It Works?
- The price axis is logarithmic, so each step up means the price multiplied, not just added. A smooth curve is fitted through past prices. This is called a logarithmic regression. Colored bands are placed around that curve, from cool blue at the bottom to hot red at the top. Blue is often labeled cheap, and red is labeled bubble. Those labels are jokes, not science.
- Is this investment advice?
- No. The video explains how Bitcoin works and does not tell you to buy or sell anything.
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Not investment advice.