The stars are older than all of us, and older than history itself. Yet bring up astrology with the Bitcoin crowd, and for the most part the response is skepticism or even mockery. Both the study and the cryptocurrency itself share several similarities, such as a mathematical foundation, cyclical behaviors, and unusual financial applications.
If you are the type to believe, or are just curious, a notable full moon is passing, leading into the autumnal equinox tomorrow. How might this seasonal shift impact the cryptocurrency market trend, and how does math apply to what many believe to be pure myth?
September Harvest Moon Could Bring Bounty For Hard Summer Work
Planets all revolve around the sun. Their position at the time each person is born and there forth is believed to instill certain influences at distinct moments. Depending on the rotation and layout of the planets, it can have all kinds of seasonal impacts. The Farmer’s Almanac uses such cycles to predict how much snow each winter holds, for example.
Related Reading | Interview: Crypto Damus On Successfully Combining Bitcoin TA With Financial Astrology
The late WD Gann used planetary influences along with math to predict tops and bottoms with “legendary” precision. He taught no one his tricks, but left all kinds of bizarre mathematical tools behind that few know how to take advantage of.
The new moon and full moon chart alone shows significant correlation with Bitcoin price action. Just last night as BTC plunged near $40,000, the full Harvest moon and last full moon of the summer was passing. The moon was named for the fact that farmers used the moon’s light to work late into the night on annual harvests ahead of colder months.
It has been a long, arduous summer for crypto holders, but this moon could be a sign that its time to reap the fruit of one’s labors as the autumn equinox hits.
Could The Fall And Golden Ratio Be The Key To The Next Bitcoin Peak?
The equinox signals change is coming. Change in the season; change in the way humans behave based on those seasons. Seasonality in finance is real, hence the phrase “sell in May, and go away.” The opposite idea is called the Halloween Effect, where investors buy up assets big time to sell around the holidays when enthusiasm is highest.
Seasonality and equinoxes don’t always work with the first ever cryptocurrency, but when combined with the power of the Harvest full moon and other favorable mathematical positioning, there is a recipe for something special.
Each final leg up in each Bitcoin bull run has begun at the autumnal equinox, driving to new all-time highs until the winter equinox arrives. Since fall arrives each year, but the same effect doesn’t occur, the necessary ingredient for liftoff is a pullback to the golden ratio.
Related Reading | Mercury in Retrograde: Why Bitcoin Traders Fear The Astrological Event
Bitcoin price has always retraced back to the golden ratio, before blasting off to the end of the cycle. Below it has never been filled no matter the cycle. If the same scenario plays out, anyone that has survived the summer’s bearish heat, will have a very happy holiday season.
To be fully clear, everything written here is pure conjecture based on correlation and past cycles and performance. These aren’t a guarantee of future results. But when the math adds up and Fibonacci is everywhere in nature, why wouldn’t the sum of the full moon, autumnal equinox, and Bitcoin be something very interesting.
In closing, we’ll leave you with the JP Morgan quote:
Millionaires don’t use Astrology, billionaires do.
SHIB has reached a 24-hour trading volume of over $13 billion.
SHIB attracted crypto analysts to think that SHB can flip DOGE soon.
Today Shiba Inu (SHIB) has reached its new ATH at $0.0000442.
An ERC-20 altcoin developed on Ethereum blockchain Shiba Inu (SHIB) was growing tremendously in the crypto market for the past few days. SHIB has been vigorously raising its market position. As per CoinMarketCap, Shiba Inu (SHIB) secured 11th position.
Accordingly, at press time, SHIB has reached a 24-hour trading volume of over $13 billion. This was a massive growth, and this achievement of SHIB attracted crypto analysts to think that SHB can flip DOGE soon. On October 23rd the crypto enthusiast posted a tweet,
More so, this tweet has hit over 6k likes and 1k shares on Twitter. However, it has gathered many different opinions about SHIB’s possibility of flipping Dogecoin (DOGE). Some of them agreed on the point, some of them disagreed with that point, even more, some remain neutral.
SHIB is one of the top 15 cryptocurrencies as forementioned. As per CoinMarketCap, SHIB price was trading at $0.00004206 with 24-hour trading volume of $13,337,613,639. In the last 24-hour SHIB price has surged over 48%.
Eventually, SHIB was displaying a continuous bullish trend from the past few days. In the last 30 days, SHIB has increased from $0.0000072 to $0.00004166. And today Shiba Inu (SHIB) has reached its new all-time high (ATH) at $0.0000442. If this continues then the flip may happen soon.
Furthermore, some countries are started to adopt SHIB as one of the payment options for goods and services. Venezuela, a well-known country in the world where some of their shops accept SHIB as their mode of payment.
Good Games Guild, a gaming hub that aims to create the largest virtual world economy by optimizing its owned assets to get maximum yield, has announced that it will be introducing the $GGG token on three of the leading IDO platforms in early November 2021.
After finalizing their seed funding round and a private round, valued at a combined $1.7 million, the team at Good Games Guild are pleased to confirm that they will be carrying out the Triple IDO on Seedify, Ignition, and MoonStarter.
Here are the details for the IDO event:
IDO Price: $0.30 per token
Total Fundraising Target: $360,000
Number of Tokens to be Sold during IDO: 1,200,000 $GGG
Good Guild Games is launching its $GGG token on the following IDO Platforms:
MoonStarter is a decentralized, multi-chain IDO Launchpad that supports innovative crypto projects across all blockchains with a goal to become the single-stop multi-chain launchpad for selected projects.
Here are the details for the token sale:
Number of Tokens to be Sold on MoonStarter: 116,666 $GGG
Operating as a decentralized swapping protocol, Ignition allows blockchain-based token projects to offer their private and public auctions to participants, leveraging both PAID Network and Polkadot technology. Ignition places a strong emphasis on creating a loyal community, which will best serve both projects and investors in the long-term.
Number of Tokens to be Sold on Ignition: 416,666 $GGG
IDO Allocation: $125,000
Lottery open: Tuesday, October 21st, 2021, 2 PM UTC.
Lottery close: Friday, October 29th, 4 AM UTC.
GGG IDO: Wednesday, November 3rd, 11 AM UTC.
Token Type: Binance Smart Chain (BSC)
How to join? Check links below:
Seedify is an incubator and launchpad for blockchain games and gamers. At Seedify, they provide curated Initial Game Offerings (IGOs) through their platform, supporting quality blockchain games with reaching crowdsourced funding, as well as helping projects with community building and marketing efforts; all while providing an avenue for the community to get the tokens of upcoming blockchain games before they get listed on exchanges.
About Good Games Guild
Good Games Guild is a Gaming Hub that aims to create the largest virtual world economy by sponsoring millions of play-to-earn gamers, investing in play-to-earn games and their in-game assets, and building tools that will enhance the future of gaming and the Metaverse.
Good Guild Games is also a decentralized autonomous organization (DAO) that focuses on non-fungible tokens (NFTs) that are frequently used in blockchain-based games & virtual products.
Avalanche’s first desktop wallet launched version 2.0.
AVAX price will also hit its strong resistance level of $71 soon.
we can also expect AVAX price may regain its lost position.
A layer one blockchain that functions as a platform for decentralized applications (dApps) and custom blockchain networks is Avalanche. Recently, Avalanche’s first desktop wallet launched version 2.0. The new features in version 2.0 are quite compatible with all the DApp on Avalanche blockchain. With this new update, Avalanche (AVAX) could climb up to its peak in the forthcoming days. Avalanche’s (AVAX) price will also hit its strong resistance level of $71 soon.
Accordingly, in the time of mid-may, the AVAX price experienced a huge crash after this now the asset went parabolic. After witnessing the ups and downs, AVAX has shown a bullish sign and surge over $60. Eventually, with the latest drop and corrections, the AVAX price chart has formed the w-shaped pattern and broke the resistance level, and moved upwards.
Furthermore, since the mid of August, the AVAX platform has undergone an immense surge of volume, which has given huge confidence and a boost to the price. After the recent up and downs from $60 to nearly $50 and also reached the resistance level. Therefore, as forementioned, AVAX formed a w-shape. Henceforth, with a recent gain in AVAX price, the asset broke the next resistance level and moved towards a strong resistance level at $71. If it breaks the resistance level then we can expect a new all-time high (ATH) soon.
AVAX Current Market Status
As per CoinMarketCap, AVAX’s price has been trading at $66.73 with a 24-hour trading volume of $539,966,583. AT press time, in the last 24 hours, AVAX price has increased by over 1.90%. The circulating supply of AVAx is 220,286,577.21 AVAX. It can be traded in top crypto exchanges such as Binance, Coinbase, Huobi Global, Bitfinex, Gate.io, Kucoin, and more.
More so, currently, the chart displays an ascending channel pattern, if this trend continues then the levels at 1.4 FIB levels at $126 could be an achievable target. And we can also expect Avalanche’s (AVAX) price may regain its lost position and reach more heights will the new ATH.