I’m new. I just got in in December, so I’d like to hear from folks who’ve been through past cycles. Rationally, I know past performance doesn’t predict future performance. But the Rainbow Chart soothes me because it shows things are proceeding the way they should and $38K is right where we should be. Can someone smarter than me (I’m not dumb but new and ignorant) explain why I shouldn’t put my faith in the pretty colors?
https://www.blockchaincenter.net/bitcoin-rainbow-chart/
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