While most traders wrestle with Fibonacci retracements and Bollinger Bands, a growing number are turning their gaze skyward. Welcome to the strange — and surprisingly popular — world of crypto astrology.
A Billion-Dollar Belief System
Astrology and other “psychic services” already generate $2.2 billion annually in the U.S., with forecasts projecting growth to nearly $23 billion by 2031. A Pew study in 2024 found that 28% of Americans consult astrology at least once a year.
Social feeds are now full of “financial astrologers” who claim their higher selves give them an edge in markets. Critics call it pseudoscience — but the movement is too loud to ignore.
Skeptics Say “Moon Phases Belong in Fishing Trips”
Professional crypto day trader Craig Cobb is blunt:
“I would never, ever, EVER trade based on astrology or the moon phase. If anything, I’d rather go fishing on the moon.”
For Cobb and other technical analysts, charts, fundamentals, and liquidity still rule the game.
Meet the Crypto Astrologists
On the flip side, astrologers like Crypto Damus (50k followers on X) insist the stars don’t lie. He claims to have predicted Bitcoin’s three major tops in 2024 and even the sell-off in early 2025 by watching planetary alignments.
Saturn = fear, restriction → bear market signal
Jupiter = growth, abundance → cycle tops
“It definitely works if you know how to use it,” Damus says.
And there’s some academic backing: a University of Michigan study (2006) found stock returns dip around full moons by 3%–5% annually across 48 countries. Another study (2013) suggested lunar phases impact investor sentiment.
️ How Crypto Astrology Works
Astrologers build a natal chart for each crypto asset, similar to how one is made for a person.
For Bitcoin, the “birth” is Jan. 3, 2009 — the timestamp of the genesis block.
They then use an ephemeris to map planetary movements against this natal chart.
Overlaying that with historical market data, astrologists believe they can anticipate future booms and busts.
In short, it’s TA with constellations instead of candlesticks.
Between Stars and Stats
Even if astrology can’t pass strict scientific tests, it clearly shapes real behavior — and markets are nothing if not collective psychology.
Whether you believe Saturn signals a sell-off or you prefer to stick with RSI levels, one thing is clear: traders will use any tool that promises an edge.