Bitcoin Rainbow Chart Forecasts BTC Price for February 1, 2026
The Bitcoin Rainbow Chart provides valuable insights into potential price levels for Bitcoin (BTC) on February 1, 2026. This model utilizes a logarithmic growth curve to highlight long-term trends in adoption, minimizing short-term market fluctuations.
Price Forecast Ranges Using the Bitcoin Rainbow Chart
A detailed analysis of the Rainbow Chart reveals several key price bands for Bitcoin:
- Basically a Fire Sale: $40,864.57 to $53,396.65. This band indicates extreme undervaluation and a potential accumulation phase.
- BUY!: $53,396.65 to $72,004.99. Represents deep undervaluation and favorable long-term entry points.
- Accumulate: $72,004.99 to $92,992.69. Suggests Bitcoin is stabilizing but still undervalued.
- Still Cheap: $92,992.69 to $120,134.75. Signifies attractive pricing as market awareness increases.
- HODL!: $120,134.75 to $157,341.11. This range indicates fair value and encourages holding over aggressive buying.
- Is This a Bubble?: $157,341.11 to $200,444.36. Captures rising speculation and market volatility.
- FOMO Intensifies: $200,444.36 to $256,880.02. Reflects momentum-driven gains surpassing fundamental metrics.
- Sell. Seriously, SELL!: $256,880.02 to $334,429.07. Marks historically overheated conditions with high downside risk.
- Maximum Bubble Territory: $334,429.07 to $449,773.31. Denotes extreme speculation and unsustainable price growth.
Current Market Status
As of January 24, Bitcoin is trading around $89,300, placing it near the upper limit of the “Accumulate” band. If the current trends persist, projections suggest Bitcoin may transition to the “Still Cheap” band by early 2026, indicating potential price levels between $92,992.69 and $120,134.75.
From a technical perspective, Bitcoin is slightly below its 50-day simple moving average (SMA) of $90,313 and significantly lower than its 200-day SMA of $105,072. This suggests a trend of near-term weakness and a cooling momentum in the longer term. Additionally, the 14-day Relative Strength Index (RSI) is at 42.84, placing Bitcoin in neutral territory but displaying signs of leaning towards a lower direction.
As selling pressure eases, the market may be preparing for a potential bullish turnaround. Understanding these price forecasts can guide investors’ strategies moving forward.
