Because of the approach of Pluto to the Bitcoin Sun and first-solar-return Venus, I'm expecting a general upward trend until the transit peaks in January. At the peak, I suspect the price will go vertical -- probably upwards but maybe down. In the meantime, we'll probably see the kind of jerky movements of recent days.
I attribute the recent upward movement to the tightening Pluto conjunction, an underlying factor which increases over the next few months. For the sudden partial price drop, I suspect these factors:
- Transiting Chiron quincunx the Bitcoin South Node: Chiron is wounding/healing/adjustment and the South Node is (often) loss.
- Transiting Sun trine transiting Neptune, the latter of which is conjunct the Bitcoin Venus. Translated literally: this day (Sun) brings dissolution (Neptune) of value (Venus). Neptune continues a retrograde approach to the Bitcoin Venus but stations direct (as does Chiron) next month.
- Transiting Venus (representing Money) square Bitcoin's Uranus (representing unpredictable movement, and also technology). This one peaks in the next 24 hours but in any event is a very transient factor.
I am not a financial astrologer, so while I have been able to correctly guess some of the major movements this year, I reserve the right to be dead wrong.
|Chiron and Neptune in the Eighth House|