Astrology charts beat technical analysis: Maren Altman is a star
Are future prices written in the stars? Meet Maren Altman, presciently named for cryptocurrency, who combines astrology and day trading crypto into a winning blend. In 1973, Princeton University professor Burton Malkiel published his book A Random Walk Down Wall Street, in which he famously states that a blindfolded monkey throwing darts at a newspapers financial pages could select a portfolio that would do just as well as one carefully selected by experts.Fast forward to 2013, and Rob Arnott, CEO of Research Affiliates, conducted research mimicking monkeys using AI and actually discovered....
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Bitcoin is booming all over mainstream finance and throughout social media. Other cryptocurrencies are nearly as hot, and even meme stocks like GameStop, AMC, and others have brought retail into finance like never before. It also has uncovered some of the more unorthodox parts of finance, such as financial astrology. Financial Astrology has been around for as long as markets have been trading but has recently become popular through the likes of Twitter and TikTok influencers. But not everyone is hopping on the trend. We’ve had the opportunity to sit down and speak to a pro in....
According to a Bloomberg report, Sam Altman has a new startup and is looking to give everyone on earth free money, but there is a catch: you must let them scan your eyeballs. Altman was a former partner at Y Combinator, a “startup accelerator” platform that has helped launch thousands of companies. Altman left Y […]
This is part of a larger presentation I did at Coinagenda. See the complete slides here. I encourage everyone to quickly go through the slide deck to check the pulse of the global economy. The macro environment looks like one of deflation rather than the inflation that central banks were trying to create. These charts show failed global central bank policy. In this presentation I use simple technical indicators: the 50, 100, & 200 day exponential moving averages for the daily charts and weekly charts and the Relative Strength Index. The reason why is because the charts really speak for....
There have been different ways that market analysts have tried to predict the direction that the Bitcoin price could be headed next. Many have turned to technical analysis, reading chart formations and patterns in a bid to pinpoint the next move. Others turn to market sentiment, using social commentary in a bid to determine what might happen next. However, one lesser-known route some analysts have taken is astrology, which is a study of how the movement of celestial bodies affects human behaviour, and ultimately, the Bitcoin and crypto market. Using The Moon Cycles To Predict Bitcoin....
This week begins Saturn’s annual retrograde bringing about a time for reflection and change. Whether you believe in astrology or not, there could be some serious implication for Bitcoin during this “transit.” Here’s what typically happens during the few-month-long transit and how this could impact the cryptocurrency market. Does Astrology Work To Predict Bitcoin Price […]