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Bitcoin Plunges 50%, Enters 'BTC is Dead' Zone on Rainbow Chart
Bitcoin (BTC) has plummeted 50% from recent highs, breaching its Rainbow Chart's floor and entering the "BTC is dead" zone, sparking analyst debate.

Bitcoin (BTC) has plummeted 50% from recent highs, breaching its Rainbow Chart's floor and entering the "BTC is dead" zone, sparking analyst debate.
Bitcoin's price has dipped into "Fire Sale" territory on the Rainbow Chart, mirroring levels last seen during the FTX crash, as market fear intensifies.