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, akin to monetary astrology.
Monetary Astrology has been round for so long as markets have been buying and selling however has not too long ago grow to be widespread 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 pacesetter within the discipline of economic astrology and technical evaluation market timing and are right here to elucidate how the revolutionary combo might 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 focused on monetary astrology and the way that journey started?
Crypto Damus: I had observed 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 experiences 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 received focused on Bitcoin in 2017 and was curious to see if I may deliver astrology methods 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 likewise the spring rally and June blow-off top-down to a ten-day interval, months upfront, and likewise 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 now have efficiently known as many main market tops and bottoms. However we now have made errors too, Astro TA is fairly new and I proceed to be taught, enhance and refine my methods.
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 convey folks collectively and unify the world. Second, Bitcoin is a part of the generational technological shift in world finance from a cloth worth like paper cash and Gold right into a digital worth. Third, Bitcoin and Crypto, on the whole, 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 this 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 on the whole?
It is 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 evident and compelling, the info we now have is convincing, and we expect astrology provides one other element to buying and selling and investing that mixed with different forms of evaluation, can provide an edge. For instance, in Sept 2019, on Twitter and in my subscription experiences, I predicted and warned my followers of a serious world disaster in 2020 and really helpful Gold particularly, which did very nicely in 2020. Sadly, we have been right and information 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! After they see the astrology play out in market piece motion, the correlations are simple.
Macro Financial: Why are astrologers so apprehensive 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 current 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 principally 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 folks so against the concept astrology can work?
There are a number of complicated causes however it’s principally a symptom of closed-mindedness to one thing you don’t perceive. I imply actually, there isn’t a rational motive why astrology works, you need to have a bit extra open-mindedness to a extra mystical perspective that every one issues are in some way interconnected. As we speak, we dwell in such a scientific, materialist paradigm the place science and logic are extremely valued and this creates plenty of closed-minded attitudes to extra mystical, intuitive arts like astrology. I imply, I really like science, however it’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 strategy to “show” astrology works. So many individuals merely reject astrology with out truly genuinely investigating it for themselves. It’s like listening to somebody converse Chinese language and pondering 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. Generally, we have a look at it extra as a language and as a research of vitality sample recognition and evaluation. I provide a variety of astrology schooling to assist change this!
What are your ideas on the rise of economic astrology influencers on Twitter and TikTok not too long ago, ie: Maren? What affect are they having on the apply?
Social media on the whole is an amplifier for each data and disinformation, but when it’s used skillfully, it may be a good way to introduce folks to astrology. I imply, typically, I believe it’s constructive as a result of it will get folks, particularly the youthful technology, focused on astrology. Millennials are very focused on astrology and likewise in Crypto, so it’s a pure match. Additionally, Crypto folks appear to be inherently a bit extra open-minded on the whole and I believe they’re extra open-minded to astrology. Maren particularly is kind of controversial for quite a lot of causes, (legitimate or not), and folks both appear to like her or hate her. Maren sort of stormed into the Crypto world and received plenty of consideration for a similar work I had been doing for years, which was a bit annoying. However, she introduced plenty of curiosity to monetary astrology and extra curiosity in my work as nicely. Some folks don’t prefer it as a result of she does plenty 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 truly comply with her work intently. General, if she is reaching a youthful viewers, bringing extra real curiosity to astrology, and serving to folks to know astrology higher, I believe it’s a great factor.
Buying and selling Bitcoin And How Technical Evaluation Works With Astrology
How precisely do you leverage monetary astrology inside your individual technical evaluation?
It’s fairly complicated, however principally, we see astrology as one other stage of knowledge that provides an edge to technical evaluation and threat administration. In a method, you may say that astrological components are merely one other technical indicator that helps us perceive the market value motion and pattern. Astrology may assist with timing and threat administration. For instance, if you recognize a sure interval is kind of favorable for buying and selling, you may 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 can provide false alerts too, so it’s only one issue we have 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 daily to assist with swing buying and selling, in addition to long-term investing. I only in the near past precisely predicted the current late July Bitcoin rebound rally to the day, primarily based on Moon Section 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 helpful LINK for a number of years and not too long ago really helpful ADA and BNB.
TA infused with astrology is the Crypto Damus manner | Supply: BTCUSD on TradingView.com
Larger image information from 1977, 2000, and 2008 signifies Inventory Market rallies are likely to high out in the course of Uranus-Saturn laborious facets, adopted by multi-year downtrends. Now we have a Uranus-Saturn sq. in 2021-’22, so we expect the bull market in shares may proceed nicely into 2022 however probably tops out someplace earlier than OCT 2022, most likely as a result of the FED should elevate 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. After all, 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, in short-term buying and selling, we research the planetary side image, the moon section information, and transits and progressions within the Bitcoin natal chart and give you 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 individual natal chart will typically present essentially the most correct data and clues on your private trades. I work with different trades to determine favorable and unfavorable durations for buying and selling. Then we research help and resistance ranges, use conventional technical indicators like RSI, MACD, and Stochastics, with day by day and weekly transferring 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 information in our Patreon group and Substack experiences.
Is there fact to issues like Mercury in Retrograde, for instance?
Sure, Mercury guidelines journey, expertise and communication, so when it goes retrograde 3x a yr for 3 weeks every time, these areas of like grow to be extra liable to issues. Know-how on the whole and vehicles and telephones and laptops extra particularly appear to have extra issues, or issues which were 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 will 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 previous good friend 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 venture. On this manner, 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 are able to typically see issues, hacks, and glitches on the main exchanges.
How concerning the solar and moon cycles? How do these behaviors affect markets?
Effectively, particularly in 2021, Bitcoin has made a outstanding correlation with Moon Phases. To this point, we now have 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 1-3 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 normal 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 may change, however for now, it’s been working.
And the way can on a regular basis people use astrology to higher different areas of their lives exterior 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 robust path for self-knowledge. I give many consults to skilled merchants and traders searching for an edge. Nevertheless, astrology might be helpful in many various areas of life akin to medical astrology, geolocation astrology, and relationship astrology, to call a couple of. Additionally following forecasts on normal astrology might be very helpful. As I discussed, I and plenty of different astrologers had predicted a serious world disaster in 2020, and afterward that the Pandemic would proceed nicely into 2021, so this sort of data might be useful to know upfront. Particularly, I predicted the Pandemic would enhance Might-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 40k for third win in a row, opened a small brief
Mars in Virgo opposing #BTC Venus immediately
100 DMA and psychological stage of 40k are powerful resistance
37400 or 35800 as doable help ranges
Cease at 40600 if I’m improper 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 because of the 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 methods. He did use astrological methods however he isn’t 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 not present any particular insights on this query
Are there another worthy sources of economic astrology data? And the way can the NewsBTC viewers be taught extra about what you provide?
As I discussed, Ray Merriman from MMA cycles is among the main monetary astrologers within the discipline 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 discipline of economic astrology specializing in Bitcoin and Cryptocurrencies. My Patreon group with 2-3x week updates for energetic merchants might be positioned at https://www.patreon.com/CryptoDamus1 and all my information on subscription companies, consults, schooling, and tutorials is on my web site at www.astrocryptoreport.com. I might be contacted at [email protected]. It’s also possible to comply with on Twitter at @AstroCryptoGuru.
Featured picture from iStockPhoto, Charts from TradingView.com
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