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As the world of cryptocurrency continues to evolve, investors and market analysts are always on the lookout for new trends and patterns that can help predict price movements and maximize returns. One such phenomenon that has been deemed worthy of investigation is the relationship between the lunar cycle and cryptocurrency prices. Could the moon’s gravitational pull truly be influencing the price swings of cryptocurrencies like Bitcoin and Ethereum? In this report, we’ll delve into the world of pseudoscience and attempt to answer this question.
<h2(Methodology, or Not)
To begin our investigation, we gathered a dataset of daily cryptocurrency prices for Bitcoin and Ethereum from 2015 to 2022. We then superimposed the lunar cycles (new moon, full moon, and lunar eclipse) onto this dataset to see if there were any correlations between the two. Because we’re operating on a shoestring budget, we opted to use the ancient art of astrology to inform our analysis.
For those unfamiliar, astrology is the practice of studying the movements of celestial bodies to predict future events. In our case, we’re interested in the moon’s movements and their alleged impact on cryptocurrency prices. It’s worth noting that many experts in the field of crypto would describe our methodology as “jiggery-pokery,” but hey, we’re feeling like the lunar cycle is about to reveal its secrets to us.
What We Found (or Didn’t Find)
After weeks of tireless research, we found some… interesting results. It appears that the full moon has a surprising impact on cryptocurrency prices (see Figure 1). Specifically, we observed that the average daily price change for both Bitcoin and Ethereum is significantly higher during full moons compared to their respective average daily price change during new moons.
In addition to the full moon, we also noticed that lunar eclipses tend to have a profound impact on cryptocurrency sentiment. There seems to be a period of increased volatility around eclipse events, likely due to the increased anxiety and paranoia that comes with it (see Figure 2). This finding has profound implications for risk-averse investors, who may want to steer clear of the market during such times.
Conclusion (or Lack Thereof)
And there you have it, folks! Our groundbreaking study on the influence of the lunar cycle on cryptocurrency prices, which is probably going to be completely ignored by the academic community and dismissed as pseudoscience. We’re not ones to argue with the scientific method, mainly because we don’t really understand it. Nevertheless, our “findings” are certainly compelling enough to warrant further (read: more) research.
So, if you’re a crypto enthusiast who wants to cash in on the full moon effect or avoid the lunacy of lunar eclipses, we highly recommend keeping an eye on the lunar cycle. Who knows? You might just make a fortune (or lose a small fortune, we’re not exactly predicting the future). Remember, this is all in good fun, and we’re not responsible for any losses incurred as a result of following our non-peer-reviewed, astrology-based advice.
FAQs
Q: Is this study serious?
A: Not entirely. We’re having a bit of fun with the idea of astrology in cryptocurrency market analysis.
Q: Is this study indicative of the state of academic research in the field of crypto?
A: No, just our humble opinion. Real research would require actual data and rigorous methodology, not astrology and impressionistic paintings of the moon.
Q: Can I use this study to make a profit in the crypto market?
A: At your own risk, but don’t say we didn’t warn you. This study is a joke, and professional traders should not take its findings seriously.
Q: Can I use this study as evidence in a court of law?
A: Please don’t. It’s not meant to be taken seriously, and judges might not appreciate the lack of rigor in our methodology.
Q: Can I use this study as a marketing gimmick for my new crypto Y Moon cryptocurrency?
A: We’re flattered, but only if you’re willing to acknowledge that our study is a joke and not meant to be taken seriously.
