Bitcoin price spends majority of time in the "fire sale" band.
Updated
Just eyeballing it, looks like the BTC price spends most of the time in the lowest band of the rainbow. The rest of the time it is transitioning by either escaping from it and going to the moon, or coming back to earth.
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tradingview.com/chart/vw7E2gRV/Created with Fib Circles
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Turns out this was a fairly accurate curve. I must have altered it later.Disclaimer
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