BITCOIN
As the Sun and Jupiter moved to their conjunction on April 11th, XBTUSD reached 30K for the first time since last June 2022 : when Jupiter entered Aries.
You may
know that there is on-going dispute as to which location should be used for Bitcoin’s inception. Recent trends affirm the likelihood of a Washington DC based chart. Though Jupiter moved through Aries in 2011/2012, when Bitcoin’s price was virtually flat-lined. this present Aries transit really is different: other planets have moved on too and the general background is now very different.
If Washington DC really is the ‘right’ location, then
we should expect considerable advance in just a few weeks when Jupiter enters Taurus. True, it wasn’t until Jupiter moved into Gemini in 2013 (as it will do in 2024) before Bitcoin’s price really moved.
Jupiter’s alignment with Vesta (the Trader’s asteroid) as of May 17th suggests a likely upward surge from mid May.
The big
question of course is ‘have we seen the last of Bitcoin in the 20Ks?’
We can learn much from last November’s lows (variously between 15 and 16K): first coinciding with the lunar eclipse (itself coinciding with the FTX debacle) and then later that month at the geocentric Venus-Mars alignment at 5 Sagittarius.
It is possible that when Saturn reaches 5 Pisces (and therefore forms right angle to that Venus/Mars alignment)
that we will witness another low. That aspect will be in effect in the latter days of April and through to the lunar eclipse on May 5th. This could mark the last of the lows for some time.
Anticipate interest in this currency from that date and for there to be a surge in price as Jupiter moves toward Vesta.
The period around the coming New Moon (also a Solar Eclipse) on April 20th, followed by
Mercury’s retrograde station on 21st could see marked falls. Studies reveal that Bitcoin tends to lose value post the New Moon. True, with Mercury retrograde this could buck that trend but it is perhaps more likely that it will exaggerate it.
ETH OPTIONS VOLUME
The monthly volume of
ether (ETH) futures last month reached its highest point since May 2022. It is assumed that this was partly driven by anticipation of the Shanghai-Capella (Shapella) upgrade scheduled for April 12.
Astrologically the latter date is interesting. The Moon will be at highest declination, the Sun will have just left its conjunction with Jupiter and Mercury is at maximum elongation.
This heralds exponential growth.
ETH options are already at a high – in keeping with earlier forecasts for ETH whose ‘natal chart’ showed great promise for at least two decades.
True, this is not in constant upward trajectory and ETHUSD could yet see a low in the
last two weeks of April. Longer term however, ETH surely has far, far to go.
Rollout of a U.S. Regulatory Regime for Cryptocurrencies is to be
expected – certainly following the pressures of the Saturn-Uranus square and Lunar Eclipse last November. March 9th: the anniversary of Biden’s Executive Order 14067 suggested itself as a day of action.
We cannot know what has gone on behind closed doors, but can be assured that plans are afoot and that regulations will be in place before long.
ETH stands to benefit – especially given the Merge and Sharding developments in preparation.
The Merge should take place later in 2023. This marks the switchover from Ethereum’s current “proof-of-work” (mining) mechanism, to a “proof-of-stake” mechanism. Although this is expected to take place before the end of the year, the astro-signals are unclear and it may be 2024 before this takes place.
“The Sharding,” which will partition
Ethereum’s network data into “shards,” will be the next stage of ETH development and is likely to occur after Pluto makes full Aquarius ingress in November 2024.
ETH remains my favourite and should bring excellent long-term returns.
SOLANA
Solana (SOL) has risen over 30% since its March low.
It is a Pisces coin, initiated when the Sun, at 26 Pisces, was at right angle to the Galactic centre. Neptune is now passing over this degree and a big question was always whether this transit would bring about a bubble that quickly burst.
Two factors together indicated a significant low in March: Pluto’s passage over the natal Saturn position – (a transit that will recur several times between now and 2024) and Saturn’s transit over Mercury – which recurs again in November 2023.
An increase in value is likely in May as Mars progresses to Jupiter. This should bring SOL attention with the price rising accordingly.
Of even greater importance is the progression of the Pisces Sun to the World Axis in the last days of 2023. Once again Sol should be in the news in a most positive way.
Between now and then I view any low as a buying opportunity.
CRYPTO AND BANKING.
Following the collapse of the Silvergate, Silicon Valley and Signature banks, the crypto industry needs new banking partners and is looking for these outside the US.
Both the Silvergate Exchange Network, and Signature’s digital payments platform, allowed customers to send stablecoins and USD 24/7 – tasks not possible to accomplish within the usual banking system.
Though Singapore, Liechtenstein, the United Arab Emirates and the Bahamas are
considered regions of high interest, the required trading structures are not yet in place.
What all this shows is that the world of banking is changing – just as we thought it would as Pluto leaves Capricorn. We should expect turmoil between now and Pluto’s final Aquarius ingress in November 2024.
In
the interim we can look at the charts for the above regions and see which, if any, look as though they might be suitable ‘homes’ for the emerging crypto banks.
Of these, Singapore stands out. Like Bitcoin, Singapore’s most recent legal status took place in the mid 1960s when Saturn and Uranus opposed one another. It seems very much ‘in tune’ with new age or new style
banking.
Singapore shares degree areas (13-14 Capricorn and 20-21 Pisces) with Ethereum and Bitcoin. Singapore will reach its second Saturn return in January 2025 just as the Sun moves through Capricorn. It is not unreasonable to conclude that Singapore will indeed be viewed as the centre of crypto banking by early 2025..
Last month, on March 15th as the Sun and Neptune conjoined in Pisces as both were within orb of right angle to the Galactic Centre, India and the United Arab Emirates agreed to cooperate on an interoperable central bank digital currency. By the time that Saturn reaches 25-26 Pisces in 2025, this should be reality.
These are not
the only countries working on building central bank currencies. The move from paper to digital will gather pace and by early 2025 be the norm in many parts of the world.
