The Bitcoin Rainbow Chart projects that the asset could trade between $37,627 and $419,225 by October 31, 2025, depending on market sentiment and its position within historical growth bands.
Notably, the Rainbow Chart is a long-term logarithmic growth model that visualizes Bitcoin’s (BTC) historical price performance through color-coded “sentiment bands.”
With Bitcoin trading around $124,000, this places BTC within the chart’s “HODL” zone ranging between $111,040 and $145,283. This area suggests steady confidence among long-term holders without signaling excessive market exuberance.
According to the model, at the lower end, the “Basically a Fire Sale” and “BUY!” zones range from $37,627 to $66,483, signaling undervaluation opportunities based on historical patterns.
The mid-range bands of “Accumulate,” “Still Cheap,” and “HODL”, span between $85,880 and $145,283, implying stability and moderate optimism.
The upper tiers include “Is this a bubble?”, “FOMO intensifies,” “Sell. Seriously, SELL!”, and “Maximum Bubble Territory”, cover price levels from $164,884 up to $419,225, typically observed during the peak phases of previous bull markets.
Notably, the outlook comes in the wake of Bitcoin rising to a new all-time high over the past weekend, when the asset reached $125,700.
This momentum has been driven mainly by institutional inflows into exchange-traded funds (ETFs) led by major fund managers, including BlackRock.
Bitcoin price analysis
At the time of writing, Bitcoin is consolidating around $124,129, after rallying about 0.12% in the past 24 hours. On the weekly timeframe, the asset is up nearly 10%.
The key task for Bitcoin now is to regain and hold the $125,000 zone. To do so, the asset will need continued support from bullish traders and sustained investor confidence, especially as markets navigate uncertainty surrounding the potential U.S. government shutdown.
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