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....
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....