Bitcoin is booming throughout mainstream finance and all through social media. Different cryptocurrencies are almost as sizzling, 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 few of the extra unorthodox elements of finance, resembling monetary astrology.
Monetary Astrology has been round for so long as markets have been buying and selling however has just lately turn into well-liked via the likes of Twitter and TikTok influencers. However not everyone seems to be hopping on the pattern. We’ve had the chance to sit down down and converse to a professional in astrology who spent greater than 20 years studying the craft. They’re a frontrunner within the subject of economic astrology and technical evaluation market timing and are right here to elucidate 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 on the way you first grew to become concerned with 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 a couple of 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 do 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 obtained concerned with Bitcoin in 2017 and was curious to see if I might deliver astrology strategies to foretell Bitcoin value motion and began a free report in late 2017. We had some success early on and went to a paid subscription in 2019. In 2019, we predicted the January market backside in January and in addition the spring rally and June blow-off top-down to a ten-day interval, months upfront, and in addition predicted the months-long summer time/fall downtrend that adopted. We additionally predicted the March 2020 sell-off, though not how extreme it might be. Since then, we’ve got efficiently referred to as many main market tops and bottoms. However we’ve got made errors too, Astro TA is fairly new and I proceed to study, enhance and refine my strategies.
What about Bitcoin do you imagine in?
I imagine Bitcoin is a part of a number of bigger developments. First, I imagine Bitcoin is the primary worldwide world foreign money that transcends worldwide borders and nationwide currencies and central banks, this can assist world commerce and produce individuals collectively and unify the world. Second, Bitcoin is a part of the generational technological shift in international finance from a cloth worth like paper cash and Gold right into a digital worth. Third, Bitcoin and Crypto, generally, is clearly half of a bigger generational shift in investing; clearly, Crypto is the brand new inventory marketplace for millennials and one of many best-performing belongings on the earth 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 generally?
This can be a longer dialogue however typically, I take into account astrology to be a common language that reveals the deeper nature of actuality. The correlation of Astrology to world occasions and market motion is obvious and compelling, the info we’ve got is convincing, and we predict astrology provides one other element to buying and selling and investing that mixed with different sorts 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 international disaster in 2020 and really useful Gold particularly, which did very nicely in 2020. Sadly, we have been right and data is energy, figuring out what’s coming can assist 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! Once they see the astrology play out in market piece motion, the correlations are plain.
Macro Financial: Why are astrologers so anxious 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. Necessary Saturn/ Pluto years have been….
— Crypto Damus (@AstroCryptoGuru) August 21, 2019
How did you arrive on the Crypto Damus identify?
LOL, nicely, it’s mainly a play on the well-known astrologer Nostradamus who was stated to have the ability to precisely predict future world occasions.
Why do you suppose there are some individuals so against the concept astrology can work?
There are a number of advanced causes however it’s mainly a symptom of closed-mindedness to one thing you don’t perceive. I imply truthfully, there isn’t any rational purpose why astrology works, it’s a must to have a bit extra open-mindedness to a extra mystical perspective that each one issues are in some way interconnected. As we speak, we stay in such a scientific, materialist paradigm the place science and logic are extremely valued and this creates a number of closed-minded attitudes to extra mystical, intuitive arts like astrology. I imply, I like science, however it’s not the one device within the field. Astrology is such a novel language that many don’t perceive and haven’t taken the time to know and there’s no strategy to “show” astrology works. So many individuals merely reject astrology with out really genuinely investigating it for themselves. It’s like listening to somebody converse Chinese language and considering it’s a bunch of gibberish merely since you don’t personally perceive it. Additionally, I believe there’s a false impression that Astrologers imagine the planets “trigger” occasions to occur. Basically, we take a look at it extra as a language and as a examine of vitality sample recognition and evaluation. I provide a variety 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 impression are they having on the follow?
Social media generally is an amplifier for each info and disinformation, but when it’s used skillfully, it may be a good way to introduce individuals to astrology. I imply, typically, I believe it’s optimistic as a result of it will get individuals, particularly the youthful technology, concerned with astrology. Millennials are very concerned with astrology and in addition in Crypto, so it’s a pure match. Additionally, Crypto individuals appear to be inherently a bit extra open-minded generally and I believe they’re extra open-minded to astrology. Maren particularly is sort of controversial for quite a lot of causes, (legitimate or not), and folks both appear to like her or hate her. Maren form of stormed into the Crypto world and obtained a number of consideration for a similar work I had been doing for years, which was a bit annoying. Then again, she introduced a number of curiosity to monetary astrology and extra curiosity in my work as nicely. Some individuals don’t prefer it as a result of she does a number of movies in lingerie or no matter, however I believe it’s completely different and distinctive. I’m pleasant together with her and I used to be on her Podcast in January, however I don’t really observe her work intently. General, if she is reaching a youthful viewers, bringing extra real curiosity to astrology, and serving to individuals to know astrology higher, I believe it’s a very good 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 mainly, we see astrology as one other stage of data that provides an edge to technical evaluation and threat administration. In a technique, you possibly can say that astrological elements are merely one other technical indicator that helps us perceive the market value motion and pattern. Astrology can even assist with timing and threat administration. For instance, if you realize a sure interval is kind of favorable for buying and selling, you possibly can add or scale back threat accordingly. It typically helps with when to shut a commerce or take income on a long-term place. However like every technical sign, it may give false indicators too, so it’s only one issue we take a look at.
Has monetary astrology ever predicted any right market actions for you, and in that case, are you able to present some examples of that success?
I believe I already gave you two examples from 2019 and 2020, nonetheless, we use them on daily basis to assist with swing buying and selling, in addition to long-term investing. I only recently precisely predicted the current late July Bitcoin rebound rally to the day, primarily based on Moon Part information mixed with technicals, and informed our subscribers so as to add to long-term positions and go lengthy at 30,600. We additionally use it to assist assess Altcoins and have really useful LINK for a number of years and just lately really useful ADA and BNB.
TA infused with astrology is the Crypto Damus approach | Supply: BTCUSD on TradingView.com
Greater image information from 1977, 2000, and 2008 signifies Inventory Market rallies are inclined to high out in the midst of Uranus-Saturn onerous points, adopted by multi-year downtrends. We now have a Uranus-Saturn sq. in 2021-’22, so we predict the bull market in shares might proceed nicely into 2022 however possible tops out someplace earlier than OCT 2022, in all probability as a result of the FED should elevate charges.
Are you able to present some examples of what, for instance, Saturn conjunct with Mars may 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 circumstances, even be favorable relying on the side alignments.
How do you mix standard technical indicators with monetary astrology to develop a working system?
That’s an ever-evolving factor. Proper now, in short-term buying and selling, we examine the planetary side image, the moon part information, 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 in your private trades. I work with different trades to establish favorable and unfavorable intervals for buying and selling. Then we examine assist and resistance ranges, use conventional technical indicators like RSI, MACD, and Stochastics, with each day and weekly shifting averages, and set some technical standards for entries, cease losses, and revenue targets. So the astrology provides us a bear or bull bias on month-to-month and weekly time frames, then we use value motion and technicals to substantiate or invalidate our bias and in addition 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, know-how and communication, so when it goes retrograde 3x a 12 months for 3 weeks every time, these areas of like turn into extra liable to issues. Expertise generally and vehicles and telephones and laptops extra particularly appear to have extra issues, or issues which have been brewing need to be handled. Additionally, journey is extra liable to delays and interpersonal communication can break down. It’s typically discouraged to signal any long-term binding contracts at the moment.
Associated Studying | Mercury in Retrograde: Why Bitcoin Merchants Concern The Astrological Occasion
However Mercury retro may also be good for sure issues, like revising and enhancing, going via closets to de-clutter, returning to well-worn locations, and visiting with an outdated buddy you haven’t seen. It’s typically higher for slowing down and re-thinking your strategy quite than making an attempt to push forward too strongly or launch an enormous challenge. On this approach, astrology helps us be extra in sync with the pure vitality patterns of life. In monetary astrology, we frequently see whipsaw value motion round Mercury retro and a change available in the 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 impression markets?
Properly, particularly in 2021, Bitcoin has made a exceptional correlation with Moon Phases. To date, we’ve got 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 precise, however it’s shut sufficient to provide you a basic ballpark pattern, and thus proper now safer to commerce lengthy on the Full Moon and keep lengthy into the New Moon and rapidly flip brief simply earlier than or on the New Moon. Now, this correlation might 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 outdoors of the monetary world?
An astrology session from knowledgeable astrologer can actually present profound insights into character and character, profession, relationships, and cash. It’s a strong path for self-knowledge. I give many consults to skilled merchants and buyers in search of an edge. Nevertheless, astrology could be helpful in many various areas of life resembling medical astrology, geolocation astrology, and relationship astrology, to call a couple of. Additionally following forecasts on basic astrology could be very helpful. As I discussed, I and lots of different astrologers had predicted a serious international disaster in 2020, and afterward that the Pandemic would proceed nicely into 2021, so this kind of info could be useful to know upfront. Particularly, I predicted the Pandemic would enhance Could-July and worsen once more in late July into late December, which sadly seems to have been correct up to now.
1/ I closed my $BTC lengthy this morning at 40ok for third win in a row, opened a small brief
Why ? Mars in Virgo opposing #BTC Venus as we speak100 DMA and psychological stage of 40ok are powerful resistance
37400 or 35800 as doable 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 sincere, Gann was doing his personal factor, with math and geometry, and different strategies. He did use astrological strategies however he isn’t actually thought of a monetary astrologer per se. I get this query loads however I haven’t studied Gann and don’t use his strategies, so I can not present any particular insights on this query
Are there every other worthy sources of economic astrology info? And the way can the NewsBTC viewers study extra about what you provide?
As I discussed, Ray Merriman from MMA cycles is without doubt one of the main monetary astrologers within the subject and does protection of Shares and commodities. Grace Stahre and my instructor Christeen Skinner are some others. For me personally, I’ve been the chief within the subject of economic astrology specializing in Bitcoin and Cryptocurrencies.
I’m a professional writer with over 10 years of experience in the crypto industry. I have written for numerous publications, includingCoinDesk, Crypto Briefing, and The Block. My work has been featured in Forbes, Business Insider, and Huffington Post. I’m also a thought leader in the space and my insights into the industry are highly appreciated by readers worldwide.
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