Bitcoin Nowhere Near the Top – Log Channel & Rainbow Waves Analysis
This chart shows Bitcoin (BTCUSD) within its Logarithmic Growth Channel, enhanced with Rainbow Waves and Fibonacci Time Extensions. The model incorporates key events such as the Halvings (light blue vertical lines), projected Cycle Bottoms (green lines), and potential Cycle Tops (red lines) — all within the broader Parabolic Growth Curve.
The Fair Value Zone is defined by the purple trend-line channel, with the maximum wave (red) and minimum wave (light blue) marking potential extremes.
On April 7, 2025, BTC touched the minimum wave trend-line — something we haven’t seen since June 17, 2017. Historically, this marks a strong buy signal in the Cycle.
Key Insights:
Bitcoin is currently trading below the Fair Value Zone, indicating significant upside potential.
The next Fibonacci Time Target (4.382) is set for October 27, 2025.
Based on previous cycles, BTC has typically topped well above the Fair Value Zone, nearing the maximum wave.
Price Projections by October 27, 2025:
Base scenario (reaches Fair Value line): $135,000
Early move or stronger momentum: $145,000+
Top of the Fair Value Zone: Up to $180,000
This analysis suggests we're far from the Cycle Top, and Bitcoin still has substantial room to grow.