Bitcoin price spends majority of time in the "fire sale" band.

Aktualisiert
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.
Anmerkung
tradingview.com/chart/vw7E2gRV/
Created with Fib Circles
Anmerkung
Turns out this was a fairly accurate curve. I must have altered it later.
BTCrainbowTrend Analysis

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