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 <p class="paragraph">Despite Bitcoin (BTC) returning to the price from before the spot exchange-traded fund (ETF) news debacle, some signs suggest that the flagship decentralized finance (DeFi) asset might still experience a strong bullish rally in the near future.</p>
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 <p class="paragraph">Specifically, the cryptocurrency trading expert known on X as <em>Seth</em> has shared an <a rel="noopener noreferrer nofollow" title="Category Analysis" href="https://thebittimes.com/analysis.html">Analysis</a> of the Bitcoin price action, pointing out that the Gaussian channel has turned <a rel="noopener noreferrer nofollow" title="green" href="https://thebittimes.com/tag/green.html">green</a>, which has historically suggested it was “time to HODL,” as he explained on October 17.</p>
 <p class="paragraph">According to the cryptocurrency market analyst, “the signs are crystal clear” that the Bitcoin bull market is back, those who say that “this time is different” are wrong, and he has optimistically urged his followers to “get ready to ride the wave to the MOON!”</p>
 <figure class="wp-block-image aligncenter"><img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://lh7-us.googleusercontent.com/AN3klNeA9bq2XLdgFNky_yLHS2xRC2L_icj_VJQpE79ubf1o3idyM3_LT_4eUX_YDwEFac7RPrMwKMeh0rkxN1_ACHQ8yqN8Q8RRXbOu69qohLwMOTFo_H4EYjbqqN4s3fO_DmtKe2wvF32q_QiTQos" alt>
  <figcaption class="wp-element-caption"><em>Bitcoin price action analysis and prediction. Source: </em><em>Seth</em>
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 <p class="paragraph">As it happens, the Gaussian channel <a rel="noopener noreferrer nofollow" title="indicator" href="https://thebittimes.com/tag/indicator.html">indicator</a> has, indeed, turned <a rel="noopener noreferrer nofollow" title="green" href="https://thebittimes.com/tag/green.html">green</a> recently, and according to the cryptocurrency expert’s predictions on the chart, which goes back to 2013, Bitcoin is ready to begin its move toward the area of $120,000 or even $200,000 in the next couple of years.</p>
 <h2 class="wp-block-heading" id="h-bitcoin-price-analysis">Bitcoin price analysis</h2>
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       <h3 class="font-bold leading-6 " id="here-s-potential-bitcoin-price-range-if-spot-etf-gets-approved">Here’s potential Bitcoin price range if spot ETF gets approved</h3>
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       <h3 class="font-bold leading-6 " id="ai-predicts-islamic-coin-price-for-the-end-of-2023">AI predicts Islamic Coin price for the end of 2023</h3>
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 <p class="paragraph">As things stand, the maiden crypto asset was at press time changing hands at the price of $28,513, demonstrating an increase of 0.52% on the day, as well as a 5.41% gain across the previous seven days and an advance of 6.81% over the past month, as per the information retrieved on October 18.</p>
 <figure class="wp-block-image aligncenter size-large"><img decoding="async" loading="lazy" width="1024" height="683" src="https://cdn.thebittimes.com/images/2023/10/18/5b2adbcc92b4a961c52e0dd8a8cae50e.webp" alt class="wp-image-132906" srcset="https://cdn.thebittimes.com/images/2023/10/18/5b2adbcc92b4a961c52e0dd8a8cae50e.webp 1024w, https://cdn.thebittimes.com/images/2023/10/18/5b2adbcc92b4a961c52e0dd8a8cae50e.webp 300w, https://cdn.thebittimes.com/images/2023/10/18/5b2adbcc92b4a961c52e0dd8a8cae50e.webp 768w, https://cdn.thebittimes.com/images/2023/10/18/5b2adbcc92b4a961c52e0dd8a8cae50e.webp 1200w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption"><em>Bitcoin 7-day price chart. Source: </em><em>Finbold</em>
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 <p class="paragraph">Meanwhile, Bitcoin’s price reaction to recent fake news on spot Bitcoin ETF approval has offered an interesting insight into what could happen if (or when) this actually takes place, and Alphabet’s (NASDAQ: GOOGL) artificial intelligence (AI) platform Google Bard predicts a range of between $100,000 and $200,000, as Finbold reported on October 17.</p>
 <p class="paragraph"><strong><em>Disclaimer:</em></strong><em> The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.</em></p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/this-btc-indicator-turns-green-bitcoin-to-the-moon-tbt66810.html">https://thebittimes.com/this-btc-indicator-turns-green-bitcoin-to-the-moon-tbt66810.html</a></p>

This BTC indicator turns green; Bitcoin to the moon?

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