The Rainbow Chart is not investment advice! Past performance is not an indication of future results. The Rainbow Chart is meant to be be a fun way of looking at long term price movements, disregarding the daily volatility “noise”. The color bands follow a logarithmic regression (introduced by Bitcointalk User trolololo in 2014), but are otherwise completely arbitrary and without any scientific basis. We never change them though.
For reference: These were the original charts from 2014.
The rainbow chart on this site combines them.
Click here to go to website: https://www.blockchaincenter.net/bitcoin-rainbow-chart/