I don't think this is necessarily true. I can post photos I took of the moon vs this object. I can literally see the craters on the moon but I can't make out a single detail on this object other than light. It was also more twinkling colors rather than a proper blinking at intervals. I tried to get a photo of when it appeared red but I got two that are green and one white photo. I really really doubt it's a plane. I know what they look like. It also wouldn't sit an hour in my vision, moving as slowly as it did without changing size or light intensity.