a blood moon is upon us and I haven't really been into astrology. But 3 weeks ago I became aware of the BTC-Blood Moon connection, which has a 14 year track record of being accurate... That is a big deal imo and so I am at the very least curious as to what will happen when we get another blood moon tomorrow. So far BTC has never continued in its bear phase once a set of blood moons completed. Here is the chart again.
I am not sure if this theory would be invalidated if we actually get a new lower low after 3.3, but I assume the downtrend would have to stop over the next weeks. It honestly seems hard to believe that the bear market could be over so soon with everything going on atm. But 14 years is a very strong track record...
Interestingly, the next blood moon is scheduled for late 2028 which is a much longer hiatus than what we have seen so far. This is around 2.8 years instead of the 2.3 years intervals we have seen previously. This would suggest a much longer bull market. But then again, all of this seems to be mainly accurate for BTC - I wouldn't be surprised if ALTs deviate from it.
What's your take on this?
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