The screen grab below from Ancient Aliens illustrates how alternative theorists view the correlation.
These, though, are not the claims of alternative historians and ancient astronaut theorists. Instead, Graham Hancock and the crew of Ancient Aliens go with the solar system interpretation, while Robert Bauval favors bizarre claims that the three main pyramids of Teotihuacan represent the belt stars of Orion—especially strange since it would mean that the “biggest” (i.e. brightest) Orion star is represented by the smallest major pyramid, that of Quetzalcoatl, while the dimmest star is symbolized by the largest pyramid, one tradition assigns to the worship of the sun.
I wondered though where the idea that Teotihuacan was especially sacred to the stars came from. It seems that the answer derives, once again, from Victorian-era scholarship repeated uncritically. Here is William Hickling Prescott in his 1850 work The History of the Conquest of Mexico:
Around the principal pyramids are a great number of smaller ones, rarely exceeding thirty feet in height, which, according to tradition, were dedicated to the stars, and served as sepulchres for the great men of the nation. They are arranged symmetrically in avenues terminating at the sides of the great pyramids, which face the cardinal points. The plain on which they stand was called Micoatl, or “Path of the Dead.” (p.332)
I suppose this is why the ancient astronaut theorists take the trend to its obvious conclusion and conclude that the site’s name, a Nahuatl Aztec term for the “Dwelling-Place of the Gods,” simply reports truthfully that alien gods used to live there. And in true Ancient Aliens fashion, even this isn’t what it seems. Others translate the name as “the place of those who have the road of the gods,” “the place where divinity comes into being,” and the Lovecraftian “place of the owners of the Elder Gods.” The Maya said its name was “the place of reeds.” At any rate, it isn’t cut-and-dried that it was named for an alien base; instead, it refers to the Aztec belief that the ancestral spirits resided in the abandoned city. The Aztec would visit to commune with these spirits with nary an alien in sight. Disney characters on the other hand...