Tag Archives: Bitcoin Astrology

Forecasting The Bitcoin Boom

The current bitcoin boom has been right in line with my forecast from three weeks ago.

Shortly after the holiday break for the Fourth of July, we did a cycle analysis for bitcoin, and identified a potential turning point for the cryptocurrency.

Our cycle work highlighted July 20 as a critical date.

Setting The Stage for a Bitcoin Boom

Trading in bitcoin was weak and congested at the time. Our cycle chart revealed the likelihood of weaker prices ahead.

At least until July 20th.

That’s when the cycles looked ready for a turn, setting the stage for a move to the upside.

It looked like a possible set-up for a bitcoin boom.

Doing A Back-Test

That’s why we decided to dig a little deeper.

We identified fourth-harmonic alignments between Mars and Kronos as key factors in bitcoin price swings.

And that’s what we took a look at in the previous trading history for the cryptocurrency.

The results were surprising, to say the least.

These particular planetary configurations have a high level of correspondence with the likelihood of a bitcoin boom.

Sharing Our Results

After making a forecast of just such an event coming up on July 20, we were of course interested in watching the bitcoin trading action.

So when bitcoin started to rally right on schedule, we knew our astro-trading signal was working fine.

That’s why I responded to Larry Pesavento’s invitation to join him on the air yesterday with a lot of enthusiasm.

When we got on the broadcast of his Trade What You See program on TFNN, I shared the bitcoin research and forecast.

I mentioned the book on Bitcoin Astrology.

We also discussed the current bitcoin boom – and what it means for future upcoming trading prospects.

And of course I grabbed the recording of our entire conversation.

You can watch it all here:

Tom O’Brien Show Interview

I got an invitation a few days ago to connect with the Tom O’Brien Show on TFNN.

I accepted, of course.

Actually the invitation came from Larry Pesavento. He was filling in for Tom O’Brien as the guest host on his syndicated program.

When we connected on the air on July 10, Larry and I had a chance to chat about the effects of Mercury retrograde.

It was an appropriate topic, since we had experienced some glitches in our connection as we set up for the interview that day.

We also took a look at the big rally in bitcoin, and joked about the rapid rise in the cryptocurrency.

“It’s not behaving like a bubble,” Larry commented.

Recording From The Tom O’Brien Show

Our chat was a brief one, but we did touch on some significant points about astro-trading, and discussed the Bitcoin Astrology book as well.

Here’s the video clip from the program:


 

Bitcoin Rally Revives Bullish Fever

Thanks to the current bitcoin rally, the cryptocurrency world in general is getting lots of attention.

There’s been a resurgence of bullish interest in bitcoin during recent weeks.

A lot of bullish interest.

The fabled cryptocurrency has surged to new highs, hitting price levels not seen for the past 10 months.

It’s now trading well above $8,000.

In fact, as this is being written it’s just topped $8,600!

A Fresh Bitcoin Rally

What’s behind the sudden frenzy creating a fresh bitcoin rally?

According the Michael Hartnett, the chief investment strategist at Bank of America Merrill Lynch, the dramatic move to the upside is a signal that global recession fears are growing steadily.

The bitcoin rally could in fact be an indication that we’re experiencing a massive and precipitous collapse of confidence in the world’s governments and in the core structure of the international financial system.

But Hartnett theorizes that global investors are investing in bitcoin not because they believe it is a safe haven asset in times of uncertainty and instability.

He says it’s because they are looking for high-risk, high-reward investments.

He argues that low interest rates on bond yields since the financial collapse in 2008 has left investors starved of profits, sending them into a global “greed trade” across corporate, emerging market, and crypto securities.

Dystopian Loss of Faith

Hartnett’s analysis resonates with a comment earlier this year by John Normand, JPMorgan’s head of cross-asset fundamental strategy.

He noted that “We have long been skeptical of cryptocurrencies’ value in most environments other than a dystopian one characterized by a loss of faith in all major reserve assets (dollar, euro, yen, gold) and in the payments system.”

Dystopian is a strong word, but with the broad economic implications of the Trump-China trade war it may not be inappropriate.

Tim Bost with New Book

From an astrological perspective, however, the surge in bitcoin prices is not too surprising. In the Bitcoin Astrology book (which I co-authored with Bill Meridian, Goncalo Moreira, Christeen Skinner and Wendy Stacey), there’s a note (on page 112) of a winning bitcoin trading strategy.

It’s a particularly bullish solar cycle.

It currently has a track record of successfully predicting a bitcoin rally 86 percent of the time.

That bullish solar transit has been in play since late April.

It continued through the trading week just behind us.

And this last time around, it brought a boost in the price of bitcoin of roughly 52%!

Mars-Hades bitcoin rally

Coming up next, we expect to see a significant impact on bitcoin from the Mars/Hades conjunction on May 27.

As our back-testing chart shows, we can expect this planetary combination to bring about three weeks of congested trading.

That’s likely to be followed by another surge triggering a fresh bitcoin rally.

The zodiac position of this Mars/Hades conjunction is also worth noting; we’ve pointed to it on the 90º dial for the bitcoin inception horoscope.

Midpoint Triggers

It triggers the following midponts:

Mars/Admetos [a sinking market]

Mercury/Saturn [price excursions]

Mercury/Uranus [exciting news]

Uranus/Apollon [expansion by leaps and bounds]

Jupiter/Hades [a shortage of money but good luck in black market dealings].

Based on those planetary activations, we can certainly expect to see plenty of bitcoin trading excitement during the months ahead!