A rainbow is a full circle you can't reach
A rainbow isn't an arc fixed in the sky, it's a circle of light always centred on the point exactly opposite the sun, and always about 42 degrees out from that centre. The ground cuts the circle into an arc; from a high plane you can see the whole ring. And because it depends on where you stand, it has no fixed place, walk toward it and it walks away, keeping the same distance forever.