Dossier
Bitcoin Rainbow Chart
Coverage of Bitcoin Rainbow Chart in the Nexus archive.
- Bitcoin Price Plunges Below ‘Fire Sale’ Territory as Fear Index Reads 12 — Echoing the FTX Crash
Bitcoin's price fell below the 'Fire Sale!' valuation band on the Bitcoin Rainbow Chart, reaching levels last seen during the FTX collapse in November 2022. The Fear and Greed Index registered 12, indicating 'Extreme Fear,' as Bitcoin dropped below $62,000 amid concerns over market liquidity and institutional capital shifts.