Has the Bitcoin Rainbow Chart and AHR999 become invalid? The indicators everyone loved using in previous cycles are currently showing that we’re not in a high bubble zone. AHR is in the 0.8 DCA range, and the Rainbow Chart is still in the blue-green zone, which in the past would’ve been a solid 'last chance to hop on.' But now, the market doesn’t seem to have strong optimistic sentiment. At the root of it, these indicators might have already lost their effectiveness. On one hand, liquidity is extremely lacking; on the other hand, as mentioned by Xiao Hei a few days ago in his 'End of the Four-Year Cycle' perspective, it’s basically all about analyzing the U.S. stock market to determine BTC’s trend now. Unless one day BTC starts moving in sync with gold, we might have lost many of the crypto indicators we used to rely on...