Some analysts are using astrology, specifically lunar cycles, to predict Bitcoin's price movements. Crypto analyst Draz uses the moon's position to analyze potential market trends for Bitcoin. Draz notes that the dark phase of the moon around October 13 indicated choppy but slightly bullish price action for Bitcoin. He observed an energy drain with the last quarter moon, following a pattern where dark moon periods often lead to price declines. The new moon on October 21 hasn't brought substantial change yet, though such phases sometimes trigger price reversals. Attention is now on October 29, the anticipated First Quarter moon, which could signal a bullish trend. Historically, bright moons following the First Quarter have positively impacted Bitcoin's price. Draz suggests that the month of November could be very positive, potentially leading to a significant price increase. His analysis points to a possible rise to $138,000 by the Last Quarter Moon on November 11. If this pattern continues, Bitcoin may be on the verge of another bull rally starting in late October or early November.
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