Bitcoin Rainbow Chart Flags BTC “BUY!” Range to June 1, 2026
Finbold’s Bitcoin Rainbow Chart suggests BTC could trade in a wide valuation band from about $59,186 to nearly $491,731 by June 1, 2026, depending on market sentiment and cycle phase. With BTC around $77,000, the chart places price in the “BUY!” zone, implying Bitcoin may still be undervalued versus its long-term historical trajectory.
Near-term reference levels include: “Basically a Fire Sale” (~$59,186), “BUY!” (~$79,670), “Accumulate” (~$102,713), “Still Cheap” (~$132,461), “HODL!” (~$173,173), “Is this a bubble?” (~$220,242), “FOMO intensifies” (~$281,755), “Sell. Seriously, SELL!” (~$366,181), and “Maximum Bubble Territory” (~$491,731). A notable technical overlay from the earlier piece: BTC is above the 50-day SMA (~$72,359) but below the 200-day SMA (~$84,046), while the 14-day RSI is ~60.9 (neutral-to-bullish).
Traders should treat the Bitcoin Rainbow Chart as a long-term sentiment framework, not a precise forecast—macro conditions, institutional adoption, and Bitcoin ETFs can shift outcomes and timing. For trading, it maps a bullish-to-overheated spectrum for scenario planning around sentiment-driven volatility.
Neutral
The Rainbow Chart places BTC in the “BUY!” zone around $77,000, which is mildly supportive for a bullish bias and suggests upside scenarios toward the next band near ~$79,670. However, the model also projects a very wide range up to nearly ~$491k, and both articles stress it is a long-term sentiment framework rather than a precise timing tool. The earlier technical context (above 50-day SMA but below 200-day SMA) also implies trend confirmation is not fully complete. Net effect on BTC is therefore balanced: upside remains possible, but near-term direction and exact targets can swing with macro, institutional flows, and Bitcoin ETF-related demand.