Bitcoin rainbow chart
Nine color bands around bitcoin's long-run trend, and which one price sits in today.
The nine bands
- 9. Far above trend4.87×+
- 8. Well above trend2.74×+
- 7. Above trend1.49×+
- 6. A little above trend1.09×+
- 5. Near trend0.79×+
- 4. A little below trend0.62×+
- 3. Below trend0.51×+
- 2. Well below trend0.43×+
- 1. Far below trend0.18×+
Daily closes: Bitstamp BTC/USD (UTC) from September 2011, and the blockchain.com price index before that (August 2010 to August 2011, approximate). Our calculations. Today's reading uses the live Coinbase price once it loads. Model figures are for Nov 14, 2026. A model, not a forecast: these lines describe the past. Nothing here says where the price will go. Not financial advice.
Common questions
What is the Bitcoin rainbow chart?
A log chart of bitcoin's price with colored bands around a long-run trend line, popularized by Blockchaincenter in 2019. Ours uses our own power-law trend and bands cut at fixed shares of history, with plain labels.
Which band is bitcoin in today?
Band 2 of 9, "Well below trend", on Nov 14, 2026: relative to the trend, price was lower on 6% of days since 2010.
How are the bands set?
Each band holds a fixed share of past days: the bottom band the 5% of days furthest below the trend, the top band the 3% furthest above. Because the swings have narrowed, band 9 was last reached in January 2018. The 2021 high reached band 8, and the high since mid-2023 band 6.
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