Various fortune tellers and astrologers, particularly in Thailand, have attempted to predict cryptocurrency prices using their methods. While these predictions are often met with skepticism, some have garnered attention and occasionally been somewhat accurate. Fortune telling and astrology have strong cultural significance in Thailand, and such predictions find an audience there.
A group of fortune tellers, particularly in Thailand, have attempted to predict cryptocurrency prices using astrology and other spiritual methods. While these predictions are often met with skepticism in the West, they have a significant following in countries where spiritual beliefs hold cultural significance.
One Thai fortune teller claimed to have received predictions from the god of the dead regarding when the crypto market would recover. These predictions have sparked interest in the intersection of spirituality and cryptocurrency.
One self-proclaimed fortune teller, Ajarn Ton, has a YouTube channel with a substantial following. He has uploaded numerous videos in which he attempts to predict cryptocurrency prices using astrology. In his most recent prediction, he claims that Terraform Labs' collapsed cryptocurrency Terra Luna Classic (LUNC) will experience a nearly 50,000% surge, potentially reaching $0.029. However, as of now, LUNC is trading at less than $0.000055.
While these predictions often draw skepticism, it's important to note that spiritual beliefs are deeply ingrained in some cultures, and these predictions hold significance in those contexts. A Pew Research report indicated that over 80% of Thais believe in God, deities, or spirits, and nearly half believe in the influence of spells, curses, or other magic on people's lives. As a result, even unconventional methods like astrology are considered in cryptocurrency price predictions.
In the West, some have also dabbled in using astrological methods to predict cryptocurrency prices. During the 2021 crypto bull market, TikTok astrologer Maren Altman gained a substantial following for her astrology-backed Bitcoin price predictions. She believed that applying astrology to cryptocurrency made sense, given her familiarity with financial astrology.
Some traders have incorporated astrological insights into their market strategies, combining moon cycles and other celestial signals with technical analysis to identify buy and sell opportunities. While these methods might seem unconventional to some, the belief in them can influence traders' actions and potentially impact market movements through self-fulfilling prophecies.
Ultimately, the intersection of spirituality and cryptocurrency predictions highlights the diversity of approaches used by traders and analysts in an ever-evolving and unconventional market. Whether the celestial bodies have any real influence on cryptocurrency prices remains a subject of debate, but it continues to be a topic of interest and discussion in various corners of the crypto world.
(JESSE COGHLAN, COINTELEGRAPH, 2023)