BTC is once again clinging to the "rainbow" support



Bitcoin held the lower boundary of the Rainbow Regression – a model that has been significant for the crypto community for many years.

Currently, the lower level is around ~$70k, and it was precisely this level that provided support during the recent rebound. During the last bear market, BTC traded below this boundary for several months before bouncing back.
$BTC $USDC
BTC-0.24%
USDC0.02%
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