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Astrology

SOUNDS CRAZY, BUT Swing trading BTC with moon cycles worksA few months ago I made this chart for fun just to see if BTC follows any pattern based on the new moon (pink vertical lines) and full moon (blue vertical lines). To my great surprise there has been a trend and it is holding strong -BTC typically peaks after the full moon into the new moon -Almost every cycle, a few days after the new moon bitcoin drops about 20% and doesn't start recovering until after the full moon With Elon Musk going on SNL this Saturday I think we'll see a big run up this weekend. New moon is May 11th so expect a big sell off early next week! I will probably sell Saturday night/Sunday morning and wait for the dump to buy back in! -------- Also worth noting the riding the wave on the 20 day MA BITSTAMP:BTCUSD seems to work for BTC too!
BITSTAMP:BTCUSD
by AlwaysLearning77
6
The planet Mercury influenced the sharp rise and fall of cryptoJust a couple weeks ago, I was reading an article on Medium by Coin Monks about how the planet Mercury going retrograde has dramatically affected the cryptocurrency market in the past. Mercury retrograde is a 3-4 week event that happens 3 times a year in which Mercury appears to be moving backward from the perspective of the Earth. We are just leaving one of these periods. In several examples from 2017 and 2019, the author shows how prices started climbing sharply in the 3-day "shadow phase" of Mercury retrograde. Then as soon as Mercury appeared to be moving forward again, prices plummeted back down to support levels that were the resistance levels just before the shadow phase of Mercury retrograde began. This is exactly what happened in this last month. You can see each of the Mercury phases by hovering over the markers on the chart.
by cyberalchemy