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The crypto market is often unpredictable, but this time, some investors are looking not at technical charts, but at the sky. Indeed, on February 28, a rare alignment of seven planets (Mars, Jupiter, Saturn, Venus, Uranus, Mercury, and Neptune) captures the attention of astrologers and the crypto community. According to several experts in financial astrology, this cosmic configuration could spell strong turbulence for bitcoin and the entire market. Between skepticism and mystical beliefs, the idea that the stars can dictate price movements divides opinions, but one thing is certain: the climate of uncertainty is settling in.
Astrological signals worry the crypto community
The astronomical phenomenon of February 28 resonates particularly with some investors influenced by financial astrology. This alignment of seven planets will occur under a new moon in Pisces, accompanied by a retrograde Venus and Uranus in Taurus, two elements often associated with monetary instability.
For astrologer Tara Nichols, this period is high risk. “We will likely see bitcoin lose value during this alignment. Uranus, which governs cryptocurrencies, will be unstable, and retrograde Venus will slow down financial flows,” she explains. According to her, the markets could experience high volatility until June, before Uranus enters Gemini and changes the sector’s dynamics.
Another astrological analyst, Maisy Bristol, shares similar sentiments, suggesting that the influence of Pisces and Jupiter could lead to excessive optimism, which would result in hasty decisions. “This is a time for reflection and planning, not for reckless risk-taking,” she advises. In other words, emotion could outweigh rationality, increasing the risks of panic and wild fluctuations in the market.
Economic fundamentals, true drivers of volatility?
If astrology energizes part of the community, other experts remain firmly rooted in economic fundamentals analysis. The pressures on bitcoin and cryptocurrencies do not come from the sky, but rather from U.S. monetary policy and recent turbulence regarding Bitcoin ETF.
Last week, cryptocurrency investment funds recorded their first major wave of withdrawals of the year, with an outflow of $430 million, due to the cautious statements from the chairman of the U.S. Federal Reserve, Jerome Powell. According to James Butterfill, head of research at CoinShares, this trend could continue. He clarifies that “investors were expecting quicker rate cuts. The current market hesitance weakens risky assets, including bitcoin.”
Another factor that could amplify March volatility is the end of the memecoin craze, according to astrologer Erin Redwing. “We are seeing investor fatigue with tokens like TRUMP or LIBRA. The memecoin cycle is likely coming to an end, which could amplify downside pressure on the market,” she analyzes.
Whether one attributes credibility to astrological influences or not, the coming weeks promise to be turbulent for bitcoin and the entire crypto market. The planetary alignment of February 28 could coincide with brutal movements, but the true drivers remain macroeconomic decisions and liquidity evolution in the market. Thus, by May, some see a possible rebound, while others predict an acceleration of the correction. In any case, investors must prepare for an unstable market, where caution and risk management will be essential. As astrologer Redwing reminds us: “the storm will pass, and the market will find its balance. But it will take time.”
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Diplômé de Sciences Po Toulouse et titulaire d’une certification consultant blockchain délivrée par Alyra, j’ai rejoint l’aventure Cointribune en 2019.
Convaincu du potentiel de la blockchain pour transformer de nombreux secteurs de l’économie, j’ai pris l’engagement de sensibiliser et d’informer le grand public sur cet écosystème en constante évolution. Mon objectif est de permettre à chacun de mieux comprendre la blockchain et de saisir les opportunités qu’elle offre. Je m’efforce chaque jour de fournir une analyse objective de l’actualité, de décrypter les tendances du marché, de relayer les dernières innovations technologiques et de mettre en perspective les enjeux économiques et sociétaux de cette révolution en marche.
DISCLAIMER
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.
