Has everyone reading the rainbow chart forgotten what a rainbow actually looks like?
1 min read
I thought I’d remind everyone with this quick MSpaint job.
There you have it. Bitcoin to $0 by around 2032 by my calculations. So you can all pack up and go home, peak has already been reached.
In all seriousness though, be very careful when looking at these type of charts as they can be retroactively drawn to fit just about any narrative and the size and shape of the rainbow can be adjusted to fit any kind of pattern you can imagine.
This is not financial advice, I’m not a neither a meteorologist nor a financial advisor. Oh there’s an advice flare? just ignore that.
submitted by /u/Wargizmo
[link] [comments]
