There have been different ways that market analysts have tried to predict the direction that the Bitcoin price could be headed next. Many have turned to technical analysis, reading chart formations and patterns in a bid to pinpoint the next move. Others 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 market.
However, there is also a silver lining with this with the advent of the new moon that began on October 21. The 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 begin.
