|
ASTRO-CRYPTO Planetary Cycles in the Financial Universe Last Quarter Moon October 17, 2022 issue |
BITCOIN FORECAST OCTOBER 17TH – NOVEMBER 16th As we saw in the last Newsletter, Bitcoin’s price tends to rise as the Moon moves through Capricorn. |
This move did not disappoint over October 2-4 when once again the price rose. The expected losses at the Full Moon also materialized. Less successful were the forecasts for activity at the New Moon on September 25 when BTC gained rather than lost on the day, and September 29th as Venus moved into
Libra- a forecast low. Decline came the following day. | |
The Moon passes through Capricorn over Sunday October 30th and 31st. Normally we would expect gains. However, I suspect that we won’t see an upward move as this transit coincides with Mars turning retrograde. Saturn stations on Sunday October 23rd - and close to a Bitcoin Neptune position suggesting a 'get real moment' - i.e. an important price level. It does so as the Sun and Venus move into Scorpio, and as Jupiter returns to the World Axis (0 Aries). Time and price matter and both Saturn’s position by sign and the Sun-Venus conjunction give
clues as to likely levels. BTC at $19500 is viewed as an important price level. This number represents 54 complete revolutions + 60 degrees ( the start of Gemini) indicating testing level at 19526 (Mars actual station position). This event is followed by a Lunar Eclipse on November 8th which aligns with Uranus (unexpected) in Taurus (finance). This will surely be an important date for ALL
markets. This eclipse is in exact right angle to Mercury's position by direction and could bring yet another low - perhaps a multiple of 360 below 19526. (see more notes below)
Ethereum ETHUSD has a very different astro-code to Bitcoin (BTC). Whereas BTC seems to do best as the Moon passes through Capricorn, ETH works best with the Moon in
techno-orientated Aquarius.Exciting developments with Ethereum’s architecture and usage suggests that ETH will far surpass BTC. |
The Moon passes through Aquarius between the solar (Oct 25th) and Lunar eclipse (Nov 8th). However, many astro-factors have to be taken into consideration and this Aquarius transit takes place just after Mars turns retrograde (Oct 31st). It may be
that there is decline into November 8th. | |
PAXGOLD is described as a stablecoin based on Ethereum. One commentator describes PAXGOLD as 'gold with a ‘blockchain’ make-over'. PAXG is pegged against and backed 100% by gold rather than USD. PAXG went live in late August 2019 – significantly with the Sun and Venus conjoined in Leo (sign of the Sun-king). In June 2023, Jupiter will pass the position held by Uranus at PAXG’ launch. This suggests a sudden upward surge that month with interest bringing increase in value. PAXG may be something to consider buying during the coming eclipse period when the price may be low.
MARS IN GEMINI Mars entered Gemini on August 22, 2022 and for an extended stay (it retrogrades between October 31st and January 13th) before leaving on March 25th. This will be the
first time in over a century that Mars has transited and retrograded in Gemini – the sign of transactions. The Gemini trust company (founded in New York by the Winklevoss twins (Facebook) is a regulated company requiring it to keep to New York’s traditional financial institutions. It has an earnings branch (Gemini Earn) which allows users to lend their cryptos to institutional borrowers. GUSD is listed as a stablecoin. Given its name and
Mars’ retrograde status through the last two months of 2022, it is reasonable to suppose that GUSD will be particularly volatile
BITCOIN'S TEENAGE YEARS Bitcoin was launched in 2010 and has entered its teenage years. Just as with a developing adult, the next few years should prove exciting and challenging. If it were a human-being, we would
expect it to be rebellious and to ‘do things differently’. We would also expect ‘teachers’ to work to enforce regulations without curbing enthusiasm or curiosity. i.e this suggests skirmishes with banking authorities! Since Jupiter ‘returned’ – for the first time – to the position held at its launch in 2010, interest in Bitcoin has grown. The rate of growth increased substantially by Jupiter’s half-return in 2016. Jupiter has now completed
its full cycle and though not yet an ‘adult’ (for these purposes we would consider age 18 as being the start of adulthood) , it is playing with the ‘big boys’ (investment banks etc). In October 2022, a solar eclipse in an early degree of Scorpio is at right angle to the position of Mercury when Bitcoin launched. A similar eclipse occurred in October 2014 and was a major factor in loss of value over the following months. In September
2014, BTC was trading at $376, six months later the price was $226. Whilst eclipses alone do not tell the whole story, it is not unreasonable to suppose that Bitcoin’s price will fall severely following on from the coming solar eclipse on October 25th and that recovery won’t be seen for some months.
Bitcoin’s 4 Year Cycle After every 210,000 blocks are mined, (approx. four years), the block
reward given to Bitcoin miners for processing transactions is cut in half. This event is referred to as halving because it cuts in half the rate at which new bitcoins are released into circulation.Bitcoin reached a low almost exactly 4 years ago on December 15th, 2018. Of the many fascinating planetary connections that day was
Mars’ connection with the position of Uranus at Bitcoin’s inception. This is not an annual transit and in December 2018 coincided with Jupiter (the exaggerator) positioning exactly midway between Venus and Saturn. The entire planetary picture suggested unusual activity. As we know, as soon as Mars moved away from Uranus, the price rose. Mars’ most recent crossing of this degree was on May 10th 2022 when once again BTCUSD fell
markedly. Jupiter did not occupy the Venus/Saturn midpoint (as it did earlier), but that planet was crossing the World Axis and, typically, the move was exaggerated, with the price continuing to fall in the following days. Obviously, the key is to buy at the low. Mars won’t cross this point again for many months but moves to right angle this position at the end of November as Jupiter once
again moves toward the World Axis. An echo may be heard offering buying opportunity.
DEVELOPMENTS The Bank of International Settlement now permits banks to hold crypto currencies in their reserves. Visa, Google, Blackrock, Charles Shwab, Goldman Sachs, Fidelity and Mastercard are all moving into
cryptos, enabling wide spread and regular usage. Note too that ‘People-power’ in the form of decentralised finance will be a major characteristic of Pluto’s transit of Aquarius which begins in March 2023. Crypto concepts germinated during the Libra (Air sign) Jupiter-Saturn cycle (1981-2000), picked up speed as Uranus moved through Aquarius and, since the major Jupiter-Saturn
alignment in that same sign in December 2019, have mushroomed.
RESISTANCE AND TAX Governments need to keep track of assets and will look for ways to protect existing systems. Already we see that the banks of nations are exploring and developing their own digitalised
currencies. The Office of Economic demands that crypto assets are reported – arguably a sure sign that before long a ‘grab’ will be suggested if not enacted.
CYPRUS ECHOES Remember March 2013 and the Cyprus haircut? – when all those with more than 100K Euros saw their accounts raided? Plans for that action obviously took place over several days, but became law on March
25th 2013 as the Sun and Venus formed a major conjunction (this was not the only major astro-event that day but was the prominent factor). Another Sun-Venus alignment occurs on October 22nd 2022 – significantly as Jupiter aligns with the World Axis. I doubt that any government will confiscate a crypto currency on that date, but even discussion would have effect. A solar eclipse in October 2024 picks up this same
theme – further indicating that a plan to do so will form and eventually be implemented. Further back in 1933, gold was confiscated by the US government? On April 5, 1933 (again with the Sun in Aries)
Roosevelt ordered all gold coins and gold certificates in denominations of more than $100 to be swapped for other currency. Imagine if President Biden decided that e.g. Bitcoin should be swapped for a US digital dollar. Chatter of this kind may
be one of the elements depressing crypto prices presently. If such action were to take place, the likely time frame – from my reading of planetary picture - would be late March 2023. Yet Bitcoin is not the only crypto out there and, if the US or any other government were to go down this road, it would not stop growth elsewhere. NEXT ISSUE DATE: November 16, 2022 |
Get the Astro-Crypto e-Book |
Intro to Financial Astrology |
|
|