nikhrushchev

BITCOIN to calm down till the next Moon Phase

Short
nikhrushchev Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
Does anyone see the following tendency of bitcoin to calm down (and close lower) during the growing moon phase and actually kick in during the waning phase? Recently, we've seen a new moon phase to start (growing moon), hence I expect BTC to close during that period in between 56000 and 59000, touching the the previous major support and expected MA50.

Its not an investment recommendation, but an observation to test. Please share your reflections!


I've seen this tendency of bitcoin to follow certain behaviour with the moon phases. Is is not mathematically tested, nor any statistical experiment has been conducted, simply an observation that I wanted to share and receive some reflection. Why moon phases? In essence, different moon phases tend to drive certain behaviour of people, like boost in motivation, energy, forward looking stance and more. The opposite applies to the other moon phase. Again, its not proven scientifically, but look at the chart.

Since 2021,
Trade closed: target reached:
As expected, the execution period of the idea is to happen on the 27th of April (new moon phase) where Bitcoin has indeed calmed down and reached lower point than before (check graph) reaching 55K. I was wrong with the levels "hence I expect BTC to close during that period in between 56000 and 59000, touching the the previous major support and expected MA50", which in the end closed way lower, which I believe was mainly due to breaking the MA50 line.

Hope you guys enjoyed this observation!
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