the moon phases charted with bitcoin is interesting
it looks like during bullish runs (green lines) , the full moon (dark) marks volatility leading up to the new moon (white). For the first half of the new moon (white phase) we see a cool down or support build
This trend appears to be reversed during bearish phases
Next new moon is in 2 days. So based on these trends, on May 25th or within a few days of the 25 we could see the bitcoin top or a small consolidation before the next leg up.
it looks like during bullish runs (green lines) , the full moon (dark) marks volatility leading up to the new moon (white). For the first half of the new moon (white phase) we see a cool down or support build
This trend appears to be reversed during bearish phases
Next new moon is in 2 days. So based on these trends, on May 25th or within a few days of the 25 we could see the bitcoin top or a small consolidation before the next leg up.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.