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.
Specifically, the cryptocurrency trading expert known on X as Seth has shared an analysis of the Bitcoin price action, pointing out that the Gaussian channel has turned green, which has historically suggested it was “time to HODL,” as he explained on October 17.
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!”
Bitcoin price action analysis and prediction. Source: Seth
As it happens, the Gaussian channel indicator has, indeed, turned green recently, and according to the cryptocurrency expert’s predictions on the chart,
We współpracy z: https://finbold.com/this-btc-indicator-turns-green-bitcoin-to-the-moon/
