Whereas many crypto merchants are busying themselves with wacky Fibonnaci charts and Bollinger Bands, there’s a rising cohort of merchants who say costs may be predicted by crypto astrology.
“Psychic providers,” which embrace astrology and different divinations, have turn into a $2.2-billion enterprise within the US alone, and a few forecasts estimate astrology could possibly be a $22.8-billion trade by 2031.
In the meantime, a current Pew Analysis Middle Research that surveyed 9,593 People discovered that in 2024, about 28% of individuals mentioned they consulted astrology not less than annually. Social media can also be chock-full of inventory and crypto merchants who declare to make use of their “excessive self” to win within the inventory market.
That being mentioned, astrology has its critics.
Skilled crypto day dealer Craig Cobb, a technical analyst, tells Journal he would by no means in one million years think about using astrology to make a commerce.
“For me, I’d by no means do it. I’d by no means, ever, EVER commerce primarily based on astrology or the moon part,” Cobb tells Journal, including he’d a lot fairly go fishing on the moon.
“Since markets had been round, everybody’s been looking for a approach to revenue from them, whether or not they use astrology or technical evaluation or elementary evaluation,” says Cobb, whose profession is dependent upon utilizing technical evaluation to make his calls.
However others swear it really works. May astrology and different “divinations” actually predict crypto costs — or not less than present a framework to assist make buying and selling calls?
Crypto astrologists actually assume so
The moon’s gravitational pull does really affect the ocean’s tides, and astrology takes this concept a step additional and posits that the motion of celestial our bodies comparable to planets, moons and stars generates energetic shifts that affect human conduct.
And for the reason that inventory and crypto markets are made up of billions of particular person folks with explicit desires, feelings and wishes, the idea is that monetary astrology can be utilized to foretell market actions.
Crypto Damus is among the most high-profile crypto astrologists within the sport with 50,000 followers on X. He tells Journal he predicted all three main Bitcoin tops in 2024, together with the prolonged summer season sell-off, just by trying on the planets.
Extra just lately, he says he tipped the Bitcoin sell-off within the first 4 months of 2025 by monitoring “transiting Saturn conjunctions within the Bitcoin natal chart” amongst different indicators.
“Saturn is a type of heavy, severe concern planet,” explains Damus. “It’s a bear market sign in monetary astrology.”
Conversely, Jupiter is the largest and brightest star and represents abundance and prosperity and will sign cycle tops, he says.
“It undoubtedly works if you know the way to make use of it.”
Skeptics and rationalists will likely be shaking their heads at this, however there may be some proof of not less than tenuous hyperlinks between what’s happening above our heads and markets.
A 2006 research from lecturers on the College of Michigan discovered that inventory returns are decrease on the times round a full moon by 3%-5% every year throughout 48 international locations.
The researchers additionally famous the lunar impact wasn’t defined away by macroeconomic components or world shocks and was unbiased of different calendar-related occasions like days of the week or nationwide holidays.
Nevertheless, the researchers additionally famous that the research got here from them ranging from the conclusion after which looking for knowledge to again it up, so the correlation could possibly be “merely because of likelihood.”
One other research in 2013 from two lecturers on the College of Portsmouth additionally discovered some knowledge that means moon phases affect the inventory market.
Damus says the moon phases are simply the tip of the astrology iceberg.
“Folks say, ‘Effectively, the moon strikes tides and the oceans, proper?’ However does Pluto transfer the tides within the ocean? That’s a a lot tougher argument to make.”
“So, I don’t assume it’s actually gravity. I don’t assume it’s something that could possibly be measured scientifically; it’s some type of like, quantum physics stage, spooky motion at a distance.”
Utilizing astrology to foretell crypto costs
So, let’s assume for the sake of argument there may be one thing to it. What’s the precise course of used for predicting crypto costs utilizing astrology?
One approach to do it’s to assign a “natal chart” to a selected cryptocurrency or safety.
A natal chart maps all of the planets and stars within the sky on the actual time and native land.
“They may have a look at the date the actual inventory went in the marketplace and use that as a natal chart. After which they might really take that natal chart and have a look at what’s within the sky or what’s coming as a result of the planets are at all times transferring,” explains Psychic Ralph, Canadian psychic life coach.
For a crypto astrologist, they may base the natal chart on a cryptocurrency’s timestamped genesis block (Jan. 3, 2009, for Bitcoin).
Astrologists then take this natal chart and look into its future utilizing an ephemeris, a desk or knowledge set that may calculate the place of celestial objects at any time limit — since planets and stars observe a trajectory that may be calculated with first rate accuracy, Ralph explains.
When that is then overlaid with historic market knowledge, monetary astrologists imagine they can decide planetary points or positions that coincide with real-world market actions, informing them whether or not Bitcoin is about to enter a increase interval or bust… in principle.
Or perhaps crypto astrology is a load of bull
Skeptics argue that there’s no empirical proof to indicate that utilizing astrology to foretell costs works any higher than pure likelihood. There’s an extended historical past of individuals utilizing outside-the-box strategies to foretell the market, together with tarot playing cards and synthetic intelligence bots. Keep in mind the crypto-trading hamster?
Mr. Goxx, a German hamster, shot to world fame after outpacing the S&P 500 and Warren Buffett throughout crypto’s meteoric bull run in 2021.
The hamster would “choose” cryptocurrencies utilizing his working wheel, which might cycle by a listing of pre-selected cryptocurrencies. As soon as the hamster ran by one in every of two tunnels labeled as both “purchase” or “promote,” sensors within the cage would choose this up and robotically place the chosen order.
It actually appeared to depend on likelihood, however Mr. Goxx did amazingly effectively with returns on his portfolio, reaching as excessive as 46.6% in September 2021.
In fact, you may argue that anybody may seem like a brilliantly gifted psychic throughout a crypto bull market, as every part goes up in unison.
Sadly, Mr. Goxx died on November 24, 2021, after an illustrious five-month buying and selling profession. His alternative, Mr. Goxx 2.0, did a lot worse with a unfavorable 25.57% return inside a number of months.
Astrology has been round for 1000’s of years
However proponents argue that astrology has been round for 1000’s of years, with some earliest proof courting the observe again to three,000 BC.
Crypto Damus says it might defy typical logic, however believers are satisfied it’s legit.
“There’s no actual rational clarification for why astrology works.”
Damus argues that planetary alignments and their correlation to occasions in the true world outcome from “significant coincidences” that may’t be defined by trigger and impact — referencing Swiss psychiatrist and the founding father of analytical psychology Carl Jung’s idea of “synchronicity.”
“It’s not only a coincidence; it’s two issues which can be seemingly unconnected, however on a deeper mystical stage, there’s a significant connection,” he explains.
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However with out an explainable trigger and impact, many good, subtle and rational folks refuse to simply accept it, he says.
“And they also type of dismiss it as being utter bullshit, and that’s unlucky. To start with, I don’t assume you imagine in astrology or not imagine in astrology. Astrology is predicated on observational, like empirical knowledge, and statement of the planetary alignments and the occasions on Earth.”
“Whether or not you discover the correlations or not… astrology is occurring. Astrological configurations and alignments and their correlations on Earth are undoubtedly taking place.”
“The query isn’t whether or not you imagine in it or not. It’s not like Jesus. You don’t should think about, you understand, some spiritual instructing. It’s whether or not you’re open-minded sufficient to research it for your self.”
John Pierpont Morgan, founding father of funding banking big JPMorgan, is rumored to have practiced astrology and supposedly as soon as mentioned, “Millionaires don’t use astrology, billionaires do.” (Some declare the quote was fabricated.)
One other rumor is that Morgan didn’t board the Titanic because of recommendation from an astrologer, giving him one other 12 months of life earlier than he ended up dying in his sleep in 1913.
Merely having a method beats 90% of crypto merchants
Whereas technical analyst Cobb says he doesn’t see himself utilizing astrology, he argues that even a disciplined monetary astrologist will probably do higher than 90% of merchants right this moment.
“Not as a result of I’ve any private views on astrology working or not working,” explains Cobb.
“What I do know is that having a type of self-discipline to use to a market goes to place you in a significantly better place than anyone who’s simply chasing the newest [influencer].”
This recollects “Hitchhiker’s Information to the Galaxy” writer Douglas Adams’ argument that astrology is only a helpful framework for excited about issues and will simply as simply be about “geese and drakes” because the motion of planets and stars.
“It’s only a mind-set about an issue, which lets the form of that drawback start to emerge. The extra guidelines, the tinier the principles, the extra arbitrary they’re, the higher. It’s like throwing a handful of superb graphite mud on a chunk of paper to see the place the hidden indentations are …. The graphite’s not vital. It’s simply the means of showing the indentations.”
Cobb explains that within the markets, there are solely two selections: purchase or promote.
“So, how do you determine whether or not you’re shopping for or promoting? Effectively, technical evaluation is an possibility, tarot playing cards are one other one, and astrology is one other. There’s a bazillion methods we will pores and skin this cat.”
“So, managing your threat is the one manner you’ll be able to actually set your self as much as not get completely decimated by these little occasions that happen on a weekly foundation.”
Don’t financial institution all of it on astrology
In the meantime, Crypto Damus notes that astrology shouldn’t be a be-all and end-all technique.
“One of many issues I wish to simply make clear, although, is that we don’t use solely astrology. We simply use astrology as one other technical sign. I imply, we use common technical evaluation.”
“We additionally have a look at Fed insurance policies — is the Fed elevating charges, is the Fed slicing charges? That may simply be extra vital than astrology,” he explains.
He says astrology simply offers him extra context into what’s going on on the planet, type of like his “secret sauce.”
“When technical sign programs and astrology line up, bullish or bearish, it offers you extra confidence in taking a much bigger commerce with extra threat,” he concludes.
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Felix Ng
Felix Ng first started writing concerning the blockchain trade by the lens of a playing trade journalist and editor in 2015. He has since moved into overlaying the blockchain area full-time. He’s most concerned about progressive blockchain know-how aimed toward fixing real-world challenges.