Friday, August 21, 2015

Bitcoin Update

In the past couple weeks, we've had a "two-tier" drop of a little over 10% in the price of Bitcoin.  If you were to examine the transits for the drop events, you might notice that the first drop coincided with the next-to-last conjunction of Pluto with the Bitcoin Sun.  The drop was surprisingly small given what we normally expect from Pluto.  This week's drop coincided closely with a semisquare from transiting Saturn to the Bitcoin Sun

The thing I'm concerned about next is the last Pluto conjunction to the Bitcoin Sun, on November 10.  Events on or near this day may give us a clue as to the future of Bitcoin. 

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