The Bitcoin (BTC)
Rainbow Chart has outlined a wide range of potential price outcomes for
February 1, 2026,
using a logarithmic growth curve meant to capture
long-term adoption trends rather than short-term market noise.
A review of the chart shows that at the bottom, the
“Basically a Fire Sale” band signals extreme undervaluation tied to
capitulation and long-term accumulation, placing the cryptocurrency between $40,864.57 and $53,396.65 on February 1.
Next, the “BUY!” band reflects deep undervaluation
with improving sentiment and historically strong long-term entry points,
ranging from $53,396.65 to $72,004.99. Above it, the “Accumulate” band
shows Bitcoin still undervalued but stabilizing, with gradual
position-building typical in the $72,004.99 to $92,992.69 range.
The “Still cheap” band suggests Bitcoin remains
attractively priced as broader awareness grows, spanning $92,992.69 to
$120,134.75. The “HODL!” band represents fair valuation within Bitcoin’s
long-term growth trend, encouraging holding over aggressive buying,
between $120,134.75 and $157,341.11.
Beyond that, the “Is this a bubble?” band captures
rising speculation and volatility from $157,341.11 to $200,444.36. The
“FOMO intensifies” band marks momentum-driven gains outpacing
fundamentals, projected at $200,444.36 to $256,880.02.
The “Sell. Seriously, SELL!” band signals
historically overheated conditions with elevated downside risk, ranging
from $256,880.02 to $334,429.07. At the top, the “Maximum Bubble
Territory” band reflects extreme speculation and unsustainable price
acceleration, spanning $334,429.07 to $449,773.31 for February 1, 2026.
Bitcoin price analysis
With Bitcoin trading around $89,300 as of January
24, the price sits near the upper end of the “Accumulate” band. If
Bitcoin continues to follow the Rainbow Chart’s long-term trend without
entering a euphoric phase, the model suggests a transition into the
“Still cheap” band by early 2026, implying a potential range of
$92,992.69 to $120,134.75.