TLDR:
- The Bitcoin dark moon phase brought choppy movement with mild bullish bias, matching prior market patterns.
- Analyst Drazzzzz expects the next moon phase starting October 29 to flip Bitcoin’s trend toward bullish momentum.
- November could bring stronger market moves if historical lunar-linked price trends hold, per past data.
- Bitcoin’s last four dark moon periods mostly saw price drops before new trend reversals near new moon dates.
The Bitcoin market is entering a new lunar phase, and some traders believe it could mark a shift in trend.
With the New Moon setting in on October 21, crypto watchers are bracing for what might come next. The current cycle, often linked by enthusiasts to market behavior, has shown mixed results in the past.
Traders are watching for clues on whether the coming weeks will trigger upward price action or another round of consolidation.
Bitcoin Price Movement Tied to Moon Cycles, Analyst Says
Crypto analyst Drazzzzz (@crypt0draz) shared a new Moon Cycle Update post on X, saying Bitcoin’s recent choppy behavior aligned with expectations for the dark period of the moon.
According to his post, the stretch between October 13 and October 21 brought sideways price action with mild bullish undertones, following a recovery from a liquidation cascade earlier in the month.
In his analysis, previous dark moon phases often saw price drops, but reversals tend to occur near the new moon. He noted that this pattern appeared again as Bitcoin’s energy “deflated” after the last quarter phase, aligning with historical setups.
Drazzzzz explained that during the past five dark moon periods, Bitcoin typically trended down, though short-term reversals emerged near new moons. He added that if the dark period plays out bullishly this time, it could set up a local top roughly 30 to 45 days away.
Traders tracking this cycle view the upcoming First Quarter Moon on October 29 as a potential inflection point. That’s when, according to Drazzzzz, the next “bright moon” phase begins, often coinciding with stronger market participation and renewed volatility.
What to Expect From Bitcoin’s Next Lunar Cycle
If the current cycle repeats past behavior, Bitcoin’s price could build momentum into November. Drazzzzz said he expects a “bullish flip” once the next moon phase starts, suggesting that the market’s sentiment may improve over the coming weeks.
Historically, lunar-based traders believe these shifts mirror emotional transitions in market psychology, where the New Moon phase resets collective sentiment. While not a mainstream analysis method, it remains popular among certain Bitcoin communities that blend technical cues with alternative market timing models.
The broader market remains cautious, with traders weighing macroeconomic factors alongside cyclical analyses. However, the renewed optimism tied to the lunar phase has added another narrative to BTC’s complex short-term outlook.
According to the analyst, November could be the period where “fireworks” begin if the cycle holds, suggesting heightened volatility and opportunity for active traders.
