London — Bitcoin seems so flighty, some might argue you may as well consult a crystal ball, read the runes or stare at the stars to divine the direction of the capricious cryptocurrency.The New Yorker has been following the movements of celestial objects to predict bitcoin price fluctuations since mid-2020. And while many people might mock her methods, she has built up a one- million-strong social-media following on TikTok.Why? Saturn was going to cross Mercury.
“I am never going to tell someone to buy this or that,” said Altman. “I can predict price trajectories but do not claim to be a financial adviser aware of someone's specific circumstances, and therefore never give buy or sell advice.”While many people might give Altman's analysis as much credence as any fortune-telling, she is among a growing cohort of young TikTok influencers who began posting content on cryptocurrencies as prices rallied in 2020.
“I'm a bit of a cynic when it comes to bitcoin projections,” said Craig Erlam, an analyst at forex broker Oanda. “I think it's just a selection of people clutching at straws, trying to justify any reasons to be bullish.”