Friday, December 6, 2013

Bitcoin Double-Dip

The price of Bitcoin has dipped twice this week interrupting the recent upward surge (once a few days ago and once today).  Because my own holdings and cash flow are not large enough to merit doing the homework, I haven't taken the time to forecast these dips in advance.  They would have been easy to predict, however.

Neptune has been conjunct the Bitcoin Venus for a few months now, courtesy of a recent station.  The presence of Neptune alone is not enough to counteract the Pluto and North Node factors (described in previous posts) which correspond to this season's wild upward movement.  When a faster-moving planet, however, forms an aspect with Neptune...  Neptune is temporarily able to overcome the more powerful factors and make himself known against Venus.  When this happens, we see a dip in the price.




Transits for the first price dip this week:  note Mercury-Sun-Moon midpoint/conjunction picture, all square transiting Neptune.



Transits for today's dip:  Mercury square transiting Neptune.  This one has the possibility of lasting longer than the usual day or so, because of a factor not pictured here.  Transiting Saturn is squaring the Mars on the first solar return of the Bitcoin chart -- co-ruling the Second House on that chart.  The transit has not perfected yet, and will not do so for nearly a week. 

This triggering of Neptune has occurred before in the past few months.  With Neptune slowly gaining distance from Bitcoin's Venus, this method of predicting short price drops will stop working quite so well until it fails altogether.  By then, Pluto will be in full force against Bitcoin's chart and I expect some truly extreme price movement. 

5 comments:

  1. Mars is setting off Neptune this week, corresponding with the current minor dip. Peaks tomorrow. I think after that it's probably upward until the Venus station just before the Bitcoin Jupiter, occurring at the Solstice around the 21st.

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  2. How high do you see Bitcoin going? Will it rise to $2000 by end of December? Will it spike to thousands or tens of thousands of dollars in January? Do you have any idea?

    Will Pluto's upward trending influence last throughout 2014?

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    1. I don't have any idea. Clif, the professional prognosticator from HalfPastHuman.com, sees $3400 by mid-January. All I'm confident about is that there will be a lot of movement.

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    2. Thank you. In other words, the effect of Pluto is to engender movement. Could Bitcoin move violently back down to $10? Or will the movement be upward from where it is now? Or are you saying it could swing erratically, up and down? That the movement could be in any direction?

      Presumably this means that Pluto will affect also other markets, commodities and even political and social situations similarly. Correct?

      Such that beginning the second week of January we enter a period of ferment in general, from the point of view of mundane astrology?

      I appreciate your astrological insights.

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    3. Typically, extreme movement. Because of factors I've written about in previous Bitcoin posts, I think upward this January is more likely than downward... but I rule nothing out. In the post linked below, I mention other prominent astrological charts which will be affected by the position of Pluto next year. Astrologers in general are expecting a tumultuous year. I have not studied "official" mundane astrology, and my comments about the second week in January refers specifically to Bitcoin. I would need to do more study to comment on other charts.

      http://astrolibertarian.blogspot.com/2013/11/the-tempest-of-2014.html

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