Bitcoin Rainbow Chart Predicts $87,000 Price by September 2026

The Bitcoin Rainbow Chart model has made a long-term prediction for Bitcoin's price by September 30, 2026. According to the model, BTC is likely to trade around $87,000 at that time, which implies a potential 11% upside over the next four weeks if it returns to its long-term trend line.

The Bitcoin Rainbow Chart is a logarithmic regression model that maps Bitcoin's historical growth trajectory and provides a framework for assessing whether BTC is trading below, near, or above its long-term valuation trend. Currently, Bitcoin sits between the 'Still cheap' and 'HODL' bands, indicating it remains below its modeled fair value.

The chart has several bands that represent different price zones. The lowest band, 'Basically a Fire Sale,' begins at roughly $26,800, while the highest band, 'Maximum Bubble Territory,' starts near $283,000 and represents the model's most extreme overvaluation range. Bitcoin is currently trading above its 50-day SMA of $67,601 and 200-day SMA of $69,454, but momentum appears stretched with a 14-day RSI at 70.44.