The original Bitcoin (BTC) Rainbow Chart is pointing to a higher valuation range for the end of April, even as the asset currently attempts to exit a recent consolidation phase below the $70,000 mark. Notably, the chart suggests that while Bitcoin remains far from overheated territory, it is still positioned in a historically undervalued zone. This positioning leaves room for upward movement should broader cryptocurrency market sentiment strengthen in the coming weeks. According to the chart’s projected bands for April 30, 2026, Bitcoin’s price ranges are mapped across a spectrum reflecting market sentiment and long-term valuation zones