Bitcoin is booming throughout mainstream finance and throughout social media. Different cryptocurrencies are almost as scorching, and even meme shares like GameStop, AMC, and others have introduced retail into finance like by no means earlier than. It additionally has uncovered a number of the extra unorthodox components of finance, comparable to monetary astrology.
Monetary astrology has been round for so long as markets have been buying and selling, however has just lately turn out to be well-liked by the likes of Twitter and TikTok influencers. However not everyone seems to be hopping on the pattern. We’ve had the chance to take a seat down and communicate to a professional in astrology who spent greater than twenty years studying the craft. They’re a frontrunner within the area of economic astrology and technical analysis market timing, and are right here to clarify how the modern combo could be utilized to Bitcoin, Ethereum, and different cryptocurrencies.
Interview With Monetary Astrologer, Technical Analyst Crypto Damus
NewsBTC: Are you able to begin with a brief introduction with the way you first turned desirous about monetary astrology and the way that journey started?
Crypto Damus: I had seen many correlations between markets and astrology over time and browse an article in The Mountain Astrologer concerning the monetary astrologer Ray Merriman. I subscribed to his studies for just a few years and have become impressed to create my very own forecast report particularly for Bitcoin and Crypto.
What got here first, an curiosity in astrology or finance? And the place does Bitcoin and crypto come into the fold for you?
I had already been concerned in astrology for a few years earlier than getting particularly into monetary astrology. I acquired desirous about Bitcoin in 2017 and was curious to see if I may convey astrology methods to foretell Bitcoin value motion and began a free report in late 2017. We had some success early on and went to paid subscription in 2019. In 2019 we predicted the January market backside in January and likewise the spring rally and June blow off high right down to a ten day interval months upfront, and likewise predicted the months lengthy summer season/fall downtrend that adopted. We additionally predicted the March 2020 unload, though not how extreme it will be. Since then we’ve efficiently referred to as many main market tops and bottoms. However we’ve made errors too, Astro TA is fairly new and I proceed to study, enhance and refine my methods.
What about Bitcoin do you imagine in?
I imagine Bitcoin is a part of a number of bigger tendencies. First I imagine Bitcoin is the primary worldwide world forex that transcends worldwide borders and nationwide currencies and central banks, this will help world commerce and produce individuals collectively and unify the world. Second, Bitcoin is a part of the generational technological shift in world finance from materials worth like paper cash and Gold into digital worth. Third, Bitcoin and Crypto typically is clearly half of a bigger era shift in investing; clearly Crypto is the brand new inventory marketplace for millennials and top-of-the-line performing property on the planet on a 5-7 timeframe. Bitcoin presents a generational funding alternative.
Clearly this can be a lot additional sweeping of a query, however what are some key factors that trigger you to imagine so strongly in monetary astrology and astrology typically?
It is a longer dialogue however typically I contemplate astrology to be a common language that reveals the deeper nature of actuality. The correlation of Astrology to world occasions and market motion are clear and compelling, the information we’ve is convincing and we expect astrology provides one other element to buying and selling and investing that mixed with different kinds of evaluation, may give an edge. For instance in Sept 2019 on Twitter and in my subscription studies I predicted and warned my followers of a serious world disaster in 2020 and really helpful Gold particularly, which did very effectively in 2020, sadly we have been right and information is energy, understanding what’s coming will help you put together. I can’t let you know how many individuals have informed me they thought astrology was BS till they began following my evaluation ! After they see the astrology play out in market piece motion the correlations are simple.
Macro Financial: Why are astrologers so nervous concerning the Saturn/ Pluto conjunction of 2020 ? As a result of the Saturn/Pluto cycle has correlated with main political, financial and cultural disaster. breakdown of present construction and alter. Essential Saturn/ Pluto years have been….
— Crypto Damus (@AstroCryptoGuru) August 21, 2019
How did you arrive on the Crypto Damus title?
LOL, effectively it’s principally a play on the well-known astrologer Nostradamus who was mentioned to have the ability to precisely predict future world occasions.
Why do you assume there are some individuals so against the concept astrology can work?
There are a selection of advanced causes but it surely’s principally a symptom of closed mindedness to one thing you don’t perceive. I imply actually there isn’t any rational cause why astrology works, it’s important to have a bit extra open mindedness to a extra mystical perspective that each one issues are one way or the other interconnected.Immediately we reside in such a scientific materialist paradigm the place science and logic are extremely valued and this creates a whole lot of closed minded attitudes to extra mystical, intuitive arts like astrology. I imply I like science but it surely’s not the one instrument within the field. Astrology is such a singular language that many don’t perceive and haven’t taken the time to know and there’s no method to “show” astrology works, so many individuals merely reject astrology with out truly genuinely investigating it for themselves. It’s like listening to somebody communicate Chinese language and pondering it’s a bunch of gibberish merely since you don’t personally perceive it. Additionally I feel there’s a false impression that Astrologers imagine the planets “trigger” occasions to occur, typically we take a look at it extra as a language and as a examine of power sample recognition and evaluation. I provide a spread of astrology training to assist change this!
What are your ideas on the rise of economic astrology influencers on Twitter and TikTok just lately, ie: Maren? What influence are they having on the apply?
Social media typically is an amplifier for each info and disinformation, but when it’s used skillfully it may be an effective way to introduce individuals to astrology. I imply typically I feel it’s optimistic as a result of it will get individuals, particularly a youthful era, desirous about astrology. Millennials are very desirous about astrology and likewise in Crypto, so it’s a pure match. Additionally Crypto individuals appear to be inherently a bit extra open minded typically and I feel they’re extra open minded to astrology. Maren particularly is sort of controversial for a wide range of causes (legitimate or not) and folks both appear to like her or hate her. Maren sort of stormed into the Crypto world and acquired a whole lot of consideration for a similar work I had been doing for years, which was a bit annoying. Alternatively she introduced a whole lot of curiosity to monetary astrology and extra curiosity in my work as effectively. Some individuals don’t prefer it as a result of she does a whole lot of movies in lingerie or no matter however I feel it’s totally different and distinctive. I’m pleasant along with her and I used to be on her Podcast in January, however I don’t truly observe her work intently. Total if she is reaching a youthful viewers, bringing extra real curiosity to astrology and serving to individuals to know astrology higher, I feel it’s a superb factor.
Buying and selling Bitcoin And How Technical Evaluation Works With Astrology
How precisely do you leverage monetary astrology inside your personal technical evaluation?
It’s fairly advanced, however principally we see astrology as one other degree of data that provides an edge to technical evaluation and danger administration. In a technique you may say that astrological components are merely one other technical indicator that helps us perceive the market value motion and pattern. Astrology can even assist with timing and danger administration, for instance if you realize a sure interval is kind of favorable for buying and selling you may add or cut back danger accordingly, it typically helps with when to shut a commerce, or take income on a long run place. However like all technical sign it may give false alerts too, so it;’s only one issue we take a look at.
Has monetary astrology ever predicted any right market actions for you, and if that’s the case, are you able to present some examples of that success?
I feel I already gave you two examples from 2019 and 2020, nonetheless we use it on daily basis to assist with swing buying and selling in addition to long run investing. I only in the near past precisely predicted the latest late July Bitcoin rebound rally to the day, primarily based on Moon Section knowledge mixed with technicals, and informed our subscribers so as to add to long run positions and go lengthy at 30600. We additionally use it to assist assess ALT Cash and have really helpful LINK for a number of years and just lately really helpful ADA and BNB
TA infused with astrology is the Crypto Damus approach | Supply: BTCUSD on TradingView.com
Larger image knowledge kind 1977, 2000 and 2008 signifies Inventory Market rallies have a tendency high out in the midst of Uranus- Saturn laborious facets adopted by multi yr down tendencies. Now we have a Uranus- Saturn sq. in 2021-22, so we expect the bull market in shares may proceed effectively into 2022, however probably tops out someplace earlier than OCT 2022, most likely as a result of the FED must increase charges.
Are you able to present some examples of what – for instance – Saturn conjunct with Mars would possibly imply for Bitcoin?
Mars and Saturn are thought of unfavorable planets, so once they come into conjunction it’s typically thought of “unhealthy luck” and brings issues, conflicts, epidemics and market corrections. In fact Mars and Saturn can in some instances even be favorable relying on the side alignments.
How do you mix typical technical indicators with monetary astrology to develop a working system?
That’s an ever evolving factor. Proper now briefly time period buying and selling we examine the planetary side image, the moon section knowledge, and transits and progressions within the Bitcoin natal chart and provide you with a tough forecast image for Bitcoin. I additionally use my very own natal chart fairly a bit. One of many mysteries of economic astrology is that your personal natal chart will usually present probably the most correct info and clues to your private trades. I work with different trades to establish favorable and unfavorable interval s for buying and selling. Then we examine assist and resistance ranges, use conventional technical indicators like RSI, MACD and Stochastics with day by day and weekly shifting averages, and set some technical standards for entries, cease losses and revenue targets. So the astrology offers us a bear or bull bias on month-to-month and weekly time frames, then we use value motion and technicals to verify or invalidate our bias and likewise to handle the precise trades. We give all this data in our Patreon group and Substack studies
Is there reality to issues like Mercury in Retrograde, for instance?
Sure, Mercury guidelines journey, expertise and communication, so when it goes retrograde 3x a years for 3 weeks every time these areas of like turn out to be extra susceptible to issues. Expertise typically and automobiles and telephones and laptops extra particularly appear to have extra issues, or issues which were brewing must be handled. Additionally journey is extra susceptible to delays and interpersonal communication can break down. It’s normal discouraged to signal any long run binding contracts at the moment.
Associated Studying | Mercury in Retrograde: Why Bitcoin Traders Fear The Astrological Event
However Mercury retro may also be good for sure issues, like revising and modifying, going by closets to de-clutter, returning to effectively worn locations and visiting with outdated pal you haven;t seen. It;’s typically higher for slowing down and re-thinking your strategy moderately than attempting to push forward too strongly or launch an enormous challenge, on this approach astrology helps us be extra in synch with the pure power patterns of life. In monetary astrology we frequently see whipsaw value motion round Mercury retro and a change in market pattern, we will usually see issues, hacks and glitches on the main exchanges.
How concerning the solar and moon cycles? How do these behaviors influence markets?
Effectively, particularly in 2021 Bitcoin has made a exceptional correlation with Moon Phases. Up to now we’ve seen Bitcoin value pattern down from the New Moon into the Full Moon, making seven market bottoms simply earlier than or on the previous seven Full Moons inside 1-Three days. After which rally strongly from the Full Moon into the New Moon, making 5/7 tops on the New Moon interval. It’s not actual, but it surely’s shut sufficient to provide you a normal ball park pattern, and thus proper now safer to commerce lengthy on the Full Moon and keep lengthy into the New Moon and rapidly flip quick simply earlier than or on the New Moon. Now this correlation may change, however for now it’s been working.
And the way can on a regular basis people use astrology to raised different areas of their lives exterior of the monetary world?
An astrology session from an expert astrologer can actually present profound insights into character and character, profession, relationships and cash, it’s a strong path for self information. I give many consults to skilled merchants and traders on the lookout for an edge. Nevertheless astrology could be helpful in many various areas of life comparable to medical astrology, geo location astrology and relationship astrology to call just a few. Additionally following forecasts on normal astrology could be very helpful, as I discussed, I and plenty of different astrologers had predicted a serious world disaster in 2020 ,and afterwards that the Pandemic would proceed effectively into 2021, so the sort of info could be useful to know upfront. Particularly I predicted the Pandemic would enhance Might-July and worsen once more in late July into late December, sadly seems to have been correct thus far.
1/ I closed my $BTC lengthy this morning at 40okay for third win in a row, opened a small quick
Mars in Virgo opposing #BTC Venus at this time
100 DMA and psychological degree of 40okay are powerful resistance
37400 or 35800 as potential assist ranges
Cease at 40600 if I’m unsuitable pic.twitter.com/uagjUBRZGH
— Crypto Damus (@AstroCryptoGuru) July 29, 2021
Monetary astrology dates again ages, and was extremely popularized by W.D. Gann. Gann was equally thought of a legend and a hoax as a result of practices he claimed to depend on. What are your ideas particularly on Gann?
To be trustworthy Gann was doing his personal factor, with math and geometry and different methods, he did use astrological methods however he’s not actually thought of a monetary astrologer per se. I get this query lots however I haven’t studied Gann and don’t use his methods, so I can’t present any particular insights on this query
Are there some other worthy sources of economic astrology info? And the way can the Bitcoinist viewers study extra about what you provide?
As I discussed Ray Merriman from MMA cycles is among the main monetary astrologers within the area and does protection of Shares and commodities. Grace Stahre and my trainer Christeen Skinner are some others. For me personally I’ve been the chief within the area for monetary astrology specializing in Bitcoin and Cryptocurrecies. My Patreon group with 2-3x week updates for lively merchants could be positioned at https://www.patreon.com/CryptoDamus1 and all my data on subscription companies, consults, training and tutorials is on my web site at www.astrocryptoreeport.com. I could be contacted at [email protected]. You too can observe on Twitter at @AstroCryptoGuru.
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