Bitcoin Rainbow chart predicts BTC price for June 1, 2025 
Cryptocurrency May 25, 2025 Share
Bitcoin’s (BTC) Rainbow Chart has issued fresh insights into how the asset will likely start June, just days after clinching a record high.
Notably, this comes as Bitcoin’s bullish run has hit a bump. The asset lost the $110,000 support after briefly soaring above an all-time high of above $111,000 mid-week, a surge driven largely by institutional capital inflows.
As of press time, Bitcoin was trading at $107,498, down 1.2% in the last 24 hours but up nearly the same value over the past week.
Bitcoin seven-day price chart. Source: Finbold
Amid the current momentum, Bitcoin is approaching overbought territory as the 14-day relative strength index (RSI) reads 63.
However, the short- and long-term outlooks remain bullish, with the 50-day and 200-day simple moving averages (SMA) sitting lower at $94,730 and $86,569, respectively.
Bitcoin price prediction for June 1
The Bitcoin Rainbow Chart, using a logarithmic growth curve to illustrate investor sentiment across price levels, offers a glimpse into what might lie ahead for June 1. Its nine color-coded zones span from “Bitcoin is dead” (severe bearishness) to “Maximum Bubble Territory” (extreme overvaluation).
According to the chart, Bitcoin is projected to trade between approximately $32,787 and $372,813 on June 1, with each band representing a distinct level of sentiment.
Bitcoin Rainbow chart. Source: BlockhainCenter
At the lower end, prices below $43,000 suggest a “Basically a Fire Sale,” signaling that Bitcoin could be severely undervalued. The $43,000 to $58,000 range, the chart indicates a “BUY!” zone, encouraging accumulation.
Moving higher, the $58,000 to $75,000 band reflects the “Accumulate” zone, suggesting cautious optimism.
Between $75,000 and $97,800, the sentiment shifts to “Still cheap,” indicating that Bitcoin remains reasonably priced for long-term holders.
Next, the $97,800 to $128,600 range enters the“HODL!” phase, a call to resist the urge to sell. Given the current price, this level is the most likely scenario for June 1.
Beyond that, prices between $128,600 and $164,400 raise the question, “Is this a bubble?” hinting at potential overheating.
Bitcoin’s extreme bullish zone
If Bitcoin climbs into the $164,400 to $211,400 range, the market may experience intensified FOMO (Fear of Missing Out). A further surge into the $211,400 to $276,300 band would call for serious caution with a “Sell. Seriously, SELL!” label.
Finally, prices between $276,300 and $372,800 would place Bitcoin in the “Maximum Bubble Territory,” indicating extreme overvaluation.
Although the Rainbow Chart provides an insightful visualization of Bitcoin’s historical price behavior, it’s not a precise predictive tool.
It extrapolates long-term trends based on logarithmic growth, but unpredictable factors like macroeconomic events, regulations, and technological changes can impact future prices. Still, it is a valuable guide for investors and traders gauging Bitcoin’s potential trajectory.
Featured image via Shutterstock