The top 3 strangest ways to predict crypto prices
Not all participants in the crypto community use classic tools to analyze the market—many resort to rather unconventional ways.
Today, let’s talk about the three strangest ones!
▪️ Astrology
Some believe that market behavior is correlated with lunar phases. They assure that Bitcoin growth periods often coincide with new moons. A full moon, according to this logic, is, on the contrary, a signal for the market to fall in the short term. An example of such a forecast is in the picture.
▪️ Tarot cards
Tarot cards are especially popular in Thailand, but little by little, they’ve been appearing all over the world. In simple terms, “tarot analysts” read the cards and share the signals received from “otherworldly forces.” Some of these “experts,” by the way, have managed to gain a huge following.
▪️ Artificial intelligence
With the emergence of ChatGPT, every self-respecting crypto user has already tried interacting with the chatbot to gain insights into what will happen to Bitcoin’s price 😂 Alas, such predictions have many disadvantages. First, chatbots may rely on outdated information. (The “standard” ChatGPT is unaware of the FTX crash—can you imagine?)
Secondly, the cryptocurrency market is too unpredictable for such a program.
How do you analyze crypto?
