Bitcoin Rainbow Chart
Bitcoin's price since 2010 over a logarithmic growth curve, split into nine coloured bands. It shows whether the price is high or low relative to its own history. It is not a prediction.
Which rainbow band is Bitcoin in today?
3/9 Low
Bitcoin closed at $71,460 on November 12, 2026. Band 3 spans $68,411 to $114,113 today; it would move to band 4 above $114,113 and drop to band 2 below $68,411.
- Regression line today
- $142,805
- Price vs the line
- −50%
- Days in this band
- 34.8% since 2010
Daily close of November 12, 2026 (UTC). Updated once a day.
Cycle at a glance
- Altcoin Season Index44/100Neutral
- Rainbow band3/9Low
- Price vs 200-week avg+5.5%avg $67,760
- Mayer Multiple0.98percentile 36
Daily closes of November 12, 2026 (UTC). Tap an indicator to see its chart.
Rainbow chart on a log scale
- 9 · Highest zone
- 8 · Extreme
- 7 · Very high
- 6 · High
- 5 · Elevated
- 4 · Moderate
- 3 · Low
- 2 · Very low
- 1 · Lowest zone
- BTC price (weekly close)
- Regression line
- 9 · Highest zone
- 8 · Extreme
- 7 · Very high
- 6 · High
- 5 · Elevated
- 4 · Moderate
- 3 · Low
- 2 · Very low
- 1 · Lowest zone
- BTC price (daily close)
- Regression line
Download the data: Weekly BTC series with band, 200-week average and Mayer (CSV)
The 9 bands today
| Band | Price range today | % of days since 2010 |
|---|---|---|
| 9 · Highest zone | $1,473,614 – $2,458,067 | 0.2% |
| 8 · Extreme | $883,433 – $1,473,614 | 1.7% |
| 7 · Very high | $529,619 – $883,433 | 2.8% |
| 6 · High | $317,507 – $529,619 | 9.6% |
| 5 · Elevated | $190,346 – $317,507 | 14.8% |
| 4 · Moderate | $114,113 – $190,346 | 25.4% |
| 3 · Low (today) | $68,411 – $114,113 | 34.8% |
| 2 · Very low | $41,012 – $68,411 | 10.0% |
| 1 · Lowest zone | $24,587 – $41,012 | 0.7% |
Why other rainbow charts may show a lower band
A different fitting period. BlockchainCenter, which popularised the chart, now publishes a dynamic version: a power law fitted to the daily price since 2012, recalculated in real time, with extremes based on 180-day windows. Ours is fitted from 2010 and spreads nine equal bands between the deepest drop and the highest spike since then.
What the start date alone changes (recomputed today). The 2010 and 2011 swings are the most extreme in Bitcoin's history; leaving them out narrows the bands. With our same method but only closes since 2012, each band would multiply the price by 1.47 instead of 1.67, the lowest band would start today at $48,987 instead of $24,587, and the $71,460 close would sit in band 1 instead of 3.
Two more reasons. Some versions use the live price rather than the daily close, and each one sets its own band limits and names. None is "the right one": they are all fits to the past. What compares is the position relative to the curve: today the price is 50% below our regression line.
How it is built
The curve. We fit an ordinary least squares regression of the log of the price against the log of the days since the genesis block (January 3, 2009), using 5,930 daily closes from August 18, 2010 to November 11, 2026:
log10(price) = -16.1839 + 5.5943 × log10(days since genesis) · R² = 0.960
The bands. We measure how far the price has strayed from that curve each day (on a log scale) and split the range between the deepest drop and the highest spike observed into nine equal bands. Each band therefore multiplies the previous one's price by about 1.67×. The band names are ours and only describe that position.
Updates. The price updates every day; the curve and bands are refitted once a quarter (last fit: November 12, 2026), so they do not shift from one day to the next.
Data. blockchain.com daily average price until August 16, 2017, and Binance BTC/USDT daily closes (00:00 UTC) since then.
4-year view. The "Last 4 years" button zooms into a single market cycle with daily closes. So far Bitcoin's cycles have followed the roughly four-year rhythm of the halving, each with a bull market and a bear market; at that scale it is easier to see which bands the price has traded in during the current cycle.
Limits. It is a fit to past history: if Bitcoin's growth slows, the curve will sit above the price for a long time, and nothing guarantees the price returns to any given band. Use it as context alongside other metrics, not as a buy or sell signal.
The rainbow chart idea was popularised by BlockchainCenter in 2019; this version uses our own fit, bands and labels.
Frequently asked questions
What is the Bitcoin rainbow chart?
It is a way of viewing Bitcoin's price on a log scale over a growth curve fitted to its whole history, with nine coloured bands that show whether the price is high or low relative to that curve.
Which band is Bitcoin in today?
At the November 12, 2026 close ($71,460), Bitcoin is in band 3 of 9, "Low", which spans $68,411 to $114,113 today. Since 2010 the price has spent 34.8% of all days in this band.
Does the rainbow chart predict Bitcoin's price?
No. It only shows where the price sits relative to a curve fitted to the past. The future bands show where that curve would run if the pattern held, which nobody can guarantee.
How are the bands calculated?
With a regression of log10(price) against log10(days since the genesis block): a = -16.1839 and b = 5.5943. We then split the range of the price's deviations from the curve since 2010 into nine equal bands. The fit is recalculated once a quarter.
Why does this chart differ from other rainbow charts?
Each version uses its own fit, data period and band width. This one uses daily closes since 2010, our own regression published with its coefficients, and nine equal-width bands.
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Context indicator computed by Crypto Economy from public market data. Not investment advice.