There have been different ways that market analysts have tried to predict the direction that the Bitcoin price could be headed 0 have turned to technical analysis, reading chart formations and patterns in a bid to pinpoint the next 1 turn to market sentiment, using social commentary in a bid to determine what might happen next. However, one lesser-known route some analysts have taken is astrology, which is a study of how the movement of celestial bodies affects human behaviour, and ultimately, the Bitcoin and crypto 2 The Moon Cycles To Predict Bitcoin Movements Crypto analyst Draz is one of the few who use astrology to actually analyze the market and what could happen in relation to the position of the 3 an X post, the analyst clearly outlined how the moon cycles have been affecting the Bitcoin price, and thus, how the upcoming cycles could play out for the 4 Reading: XRP Price Teleport To $6: What Happens When The Euphoric Phase Begin Draz explained that the dark phase of the moon, which had occurred back on October 13, had actually pointed to choppy price action for 5 comes days after the October 10 liquidation event that saw over $19 billion in losses in a single day.
Nevertheless, this choppy price action is expected to still be slightly bullish as it continues to play 6 the Bitcoin price bounced from its $102,000 liquidation lows, Draz also explains that there was an energy drain, coinciding with the last quarter 7 also follows the previously established trend of the Bitcoin price falling during dark moon periods, with four out of the last five dark moon periods leading to a decline in price. However, there is also a silver lining with this with the advent of the new moon that began on October 8 new moon has sometimes ushered in price reversals, leading to an uptick in price, but nothing substantial yet.
Rather, all eyes now are on October 29, when the real move could 9 Reading: Altcoin Season: Here’s What Happens If The Bitcoin Price Sees A Parabolic Move To $200,000 This is because October 29 is when the next First Quarter moon is supposed to 10 is the precursor to the next bright moon, and these have historically been bullish for 11 will lead into the month of November, where the bulls could really take 12 analyst Draz believes that the month of November could lead to fireworks for the Bitcoin 13 at the shared chart, the analyst shows a possible move up to the $138,000 territory, leading into the Last Quarter Moon on November 14 this holds, then the Bitcoin price could be less than a week away from reversing into another bull 15 image from Dall.
E, chart from 16
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