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: