So, Ive studied astrology for about 14 years and have found it to be useful, I've never applied it to markets but I decided I would see if there was any relationship between jupiter/saturn and bitcoin out of curiosity and I was surprised to find a few really compelling correlations. Jupiter and Saturn are an astrological duo and generally considered to be business and law oriented planets, they are considered to be representative of expansion and contraction. What I noticed when I plotted it out wasn't any direct correlation to expansion or contraction but there were some pretty much exact points of market shift relative to one or the other planet switching directions.
The most interesting ones to me were: July 22nd 2014 uptrend line breaks followed by descent --- saturn goes direct Dec 8th 2014 uptrend line breaks followed by descent --- jupiter goes retrograde July 8th 2013 seems to be right at that bottom --- saturn goes direct
I dont know about the rest of it but those were key moments and they line up pretty much exact. What's interesting to me is that their next shifts are coming up in the next month, saturn goes retrograde on March 15th and Jupiter goes direct on April 9th. Bitcoin is currently following an uptrend line.
If I was to go out on a limb and make a prediction based on this it would be: Uptrend breaks @ ~$252 on March 14-16th followed by a double bottom forming on April 8-10th @ ~ $180
who knows? LOL, ya gotta admit the July and Dec trend line breaks are spot on tho... It's plotted until March 2016, will be fun to check on it as it progresses.
*for some reason when I published this all of the dates shifted back 1 day (eg. 12/7 on the chart is supposed to be 12/8), applies to every shift date, 7/07 is supposedto be 7/08....
Ok, so I noticed something pretty crazy today. August 2nd is approaching when saturn will go direct. I looked back in the Mt Gox chart and noticed a correlation. I think it is safe to say there are 2 instances of it, and the current situation is similar, and would end up being the 3rd instance if correct. The First chart is of Mt Gox 2011/2012 The 2 circled areas are what I noticed. They are each a consolidation at the edge of a major resistance pre-breakout. And when you look at the current chart a week before August 2nd(saturn direct) we are in the same situation.
blackswan
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any word from the stars? you've been quiet lately..
Jopendus
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I don't know, but I'll be watching closely as 8/2 gets closer. I'm feeling bullish and wonder if maybe a good buy opportunity presents itself then, who knows? we'll see.
vortexspaces
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Nice research! Keep us in touch!
kenzboard
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this idea still seems plausable...
blackswan
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never put much weight on astrology, nevertheless seems like interesting stuff.. will observe your chart as i'm curious how things will turn out...
Jopendus
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Thought I would just go ahead and complete the excercise, loaded up the rest on BTC-e and plugged in the shift dates
2013:
2012:
Just glancing at this there is nothing as compelling as those trendline breaks from 2014, but there is a kind of "bookend" effect that would also apply to the bullrun of nov 2013. They never seem to occur at the parabolic moves themselves but before and after like the beginning and end of chapters. I'd say that's worth noting.
kenzboard
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fascinating. will be watching this closely. i'm a follower of lunar phases and its influence on btc markets. seems since the january bottom...the three major pumps have all come a day or two after either a 1st or 3rd quarter moon.
Jopendus
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Yea, I've only just started looking at lunar phases, really interesting stuff, Definately want to look further into it, I'll check out what you are talking about.