比特幣彩虹圖訊號累積：預計將出現大幅反彈

比特幣彩虹圖表明，當前比特幣價格水準處於「累積」區域，表明其被低估。渣打銀行、Bernstein、CryptoQuant 和 Arthur Hayes 等預測模型和分析師預測，未來幾個月 BTC 將大幅上漲，預測範圍為 10 萬美元至 20 萬美元。這些預測表明，比特幣當前的價格很便宜，並在短期內提供了豐厚回報的潛力。

Bitcoin Rainbow Chart Signals Accumulation: Predicting a Major Rally

比特幣彩虹圖訊號累積：預測重大反彈

Bitcoin's remarkable surge in the first quarter of 2024, with gains exceeding 68%, has been tempered by headwinds in the second quarter, leading to a 7% decline and confining the cryptocurrency within a price range of $60K-$71K. Amidst this volatility, the Bitcoin Rainbow Chart offers valuable insights into the asset's valuation, indicating whether it is overvalued or undervalued.

比特幣在2024 年第一季的顯著飆升，漲幅超過68%，但在第二季受到不利因素的影響，導致下跌7%，並將加密貨幣的價格範圍限制在6 萬至7.1 萬美元之間。在這種波動中，比特幣彩虹圖提供了有關該資產估值的寶貴見解，表明其是否被高估或低估。

Bitcoin Rainbow Chart: Signaling Accumulation

比特幣彩虹圖：訊號積累

According to the Bitcoin Rainbow Chart, BTC's current price level falls within the "accumulate" zone. This logarithmic scale visualizes Bitcoin's valuation based on historical data, using color bands to differentiate buying and selling zones. In the past three halving cycles, Bitcoin has typically been heavily undervalued immediately after each event. While the current price level is slightly elevated compared to previous cycles, it remains within the "accumulate" zone, suggesting that BTC is still undervalued and not overheated.

根據比特幣彩虹圖，比特幣目前的價格水準落在「累積」區域內。這種對數刻度根據歷史數據視覺化比特幣的估值，使用色帶來區分買賣區域。在過去的三個減半週期中，比特幣通常在每次減半事件發生後立即被嚴重低估。雖然目前的價格水準與先前的周期相比略有上升，但仍處於「累積」區域，這表明 BTC 仍被低估且並未過熱。

Stock-to-Flow Model Predicts Further Upside

庫存流量模型預測進一步上漲

The Stock-to-Flow (S/F) model, which evaluates Bitcoin's future prices by comparing its circulating supply to the annual number of mined coins, also points to further upside potential. The model has historically provided accurate price projections, forecasting that BTC will surpass $100K in Q3 2024 and reach over $450K by the end of 2025.

庫存流量（S/F）模型透過將比特幣的流通供應量與每年開採的比特幣數量進行比較來評估比特幣的未來價格，該模型也指出了進一步的上漲潛力。該模型歷來提供了準確的價格預測，預測 BTC 將在 2024 年第三季超過 10 萬美元，到 2025 年底將達到 45 萬美元以上。

Expert Analysis Supports Bullish Outlook

專家分析支持看漲前景

A number of prominent analysts share the bullish sentiment towards Bitcoin. Standard Chartered predicts that BTC could hit $200K within the next 18-24 months. Geoff Kendrick, head of digital assets research at Standard Chartered, attributes this potential surge to the maturation of spot BTC ETFs, which could attract significant inflows. Bernstein analysts have also revised their BTC price projection from $90K to $150K by mid-2025, citing higher-than-expected flows from spot BTC ETFs.

許多知名分析師都對比特幣持看漲情緒。渣打銀行預測 BTC 可能在未來 18-24 個月內達到 20 萬美元。渣打銀行數位資產研究主管 Geoff Kendrick 將這種潛在的激增歸因於現貨 BTC ETF 的成熟，這可能會吸引大量資金流入。 Bernstein 分析師也將 2025 年中期的 BTC 價格預測從 9 萬美元修改為 15 萬美元，理由是現貨 BTC ETF 的流量高於預期。

Whale Accumulation and Macro Factors Align

鯨魚累積和宏觀因素一致

Adding to the bullish outlook, data from CryptoQuant reveals that "new whales" have significantly increased their BTC accumulation, doubling their cumulative investment compared to "old whales." Furthermore, the macro overview appears favorable for Bitcoin. BitMEX founder and Chief Investment Officer of Maelstrom, Arthur Hayes, predicts a strong summer for BTC, citing issues within the sovereign bonds market. Hayes believes that the liquidity surge that has fueled Bitcoin's ascent will intensify as the sovereign debt bubble bursts.

CryptoQuant 的數據顯示，「新鯨魚」的 BTC 累積量顯著增加，與「老鯨魚」相比，其累積投資增加了一倍，這進一步增加了看漲前景。此外，宏觀情勢似乎有利於比特幣。 BitMEX 創辦人兼 Maelstrom 首席投資長 Arthur Hayes 指出，主權債券市場存在問題，預計 BTC 夏季將表現強勁。海耶斯認為，隨著主權債務泡沫的破裂，推動比特幣上漲的流動性激增將會加劇。

Conclusion: BTC Poised for Further Gains

結論：BTC 預計將進一步上漲

Overall, price prediction models like the Bitcoin Rainbow Chart and analysis from leading experts indicate a continued upside for BTC in the coming months. If these predictions hold true, current BTC prices represent a significant opportunity for investors. The "accumulate" signal from the Bitcoin Rainbow Chart, combined with the bullish outlook from analysts and the favorable macro environment, suggests that BTC remains undervalued and poised for further gains.

總體而言，比特幣彩虹圖等價格預測模型和領先專家的分析表明，比特幣在未來幾個月將持續上漲。如果這些預測成立，那麼當前的比特幣價格對投資者來說意味著一個重大機會。比特幣彩虹圖的「吸籌」訊號，加上分析師的看漲前景和有利的宏觀環境，顯示比特幣仍然被低估，並有望進一步上漲。