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Crypto and stock investors have always found interesting and sometimes bizarre ways to ÔÇ£predictÔÇØ the market’s ebbs and flows. Some have suggested that our unconscious minds can predict the stock market through ÔÇ£precognitive dreaming,ÔÇØ while others have recently been turning to the advice of artificial intelligence chatbots.

However, in Thailand, there appears to be a growing group of investors turning to divine powers and astrology to predict market movements, including crypto ÔÇö as recently highlighted in a r/cryptocurrency thread on Reddit.

One astrologist, who goes by ÔÇ£Pimfah,ÔÇØ has a 160,000-strong Facebook group where members ask for and send tarot card readings ÔÇö some ask for help on what their readings mean for the crypto market.

Another self-proclaimed fortune teller, Ajarn Ton, has a YouTube channel with nearly 26,000 subscribers where heÔÇÖs uploaded hundreds of videos attempting to predict the price of various cryptocurrencies using astrology.

TonÔÇÖs most recent focus is predicting that Terraform LabsÔÇÖ collapsed crypto Terra Luna Classic (LUNC) will see a surge of nearly 50,000% ÔÇö saying it could hit $0.029.

So far, however, itÔÇÖs trading at less than $0.000055.

Occasionally, these predictions turn out to be somewhat accurate.

High-profile fortune teller, Mor Plai, made local headlines earlier this year for her August 2022 prediction of a crypto market recovery starting that November ÔÇö which turned out to be somewhat accurate, ignoring the crypto retrench around FTXÔÇÖs collapse.

ÔÇ£Color me skepticalÔÇØ

Commenters on the Reddit post were largely doubtful about the so-called method of prediction.

ÔÇ£Put out enough vague predictions, and you gotta be right eventually,ÔÇØ one Redditor commented.

ÔÇ£If a hamster can perform better than most adults I donÔÇÖt see why we shouldnÔÇÖt try astrology,ÔÇØ another joked.

However, while spiritual beliefs would likely attract skeptics in the West, it is not considered out of the ordinary in Buddhist-majority Thailand.

A September Pew Research report said just over 80% of surveyed Thais believe in God, deities or spirits and nearly half believed spells, curses or other magic influenced peopleÔÇÖs lives.

Even in parts of the Western world, self-described astrologers have also been using signals from the stars to divine price movements in crypto.

During the 2021 crypto bull market, the United States-born TikTok astrologer Maren Altman gained a following of millions for her astrology-backed Bitcoin price predictions.

Altman told Magazine in January she was ÔÇ£familiar with financial astrology, so it just made sense to apply it to cryptocurrency.ÔÇØ

Didi Taihuttu, a Dutch-born Bitcoiner and ÔÇ£Bitcoin familyÔÇØ patriarch ÔÇö who sold all their assets in 2017 and lived off Bitcoin since ÔÇö has a homebrew market indicator that considers moon cycles alongside directional trading data to flag buy and sell opportunities for Bitcoin.

I received many questions about the Bam Bam #bitcoin Indicator and why also moon cycles are part of it. ItÔÇÖs another confirmation that gives you help with deciding when to sell and buy. This research article is a good explanation.

One Redditor postulated that there could be an indirect relation between astrology and prices, as belief in it could cause traders to “act accordingly” ÔÇö and thus cause a shift in prices in itself through a self-fulfilling prophecy.

As for what lies in store for Bitcoin in the near future, the pseudonymous crypto-focused astrologer ÔÇ£Crypto DamusÔÇØ claimed in an Oct. 18 X (Twitter) post:

ÔÇ£Mars is lining up to make a favorable sextile to [Bitcoin] natal Mars over the next several days, (with Mercury cazimi),ÔÇØ which is assumedly positive as they claim it shows strength and will ÔÇ£pump the market.ÔÇØ

However, the ÔÇ£transit of Mars in Scorpio generally hasnÔÇÖt been that good for BTCÔÇØ they said ÔÇö whatever that means.

Magazine: How to protect your crypto in a volatile market ÔÇö Bitcoin OGs and experts weigh in

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