Thursday, November 7, 2013

Bitcoin Price Spike

The price of Bitcoin has jumped to a new all-time high this week, beating the then-ludicrous peak of April this year.  I can find no commonly-used astrological transit or progression to account for it.  As discussed in previous posts, the approach of Pluto to the Bitcoin Sun (and first solar return Venus), echoing this spring, appears to be a driver of price growth for the next few months and perhaps beyond.  My suspicion is that today's Jupiter retrograde station is not the trigger, but we'll probably know for certain by the end of the week.  There is a non-obvious transit that I think gives us the answer to the price leap.

transiting declination graph

The Saturn - North Node conjunction of this season peaked a while ago...  in longitude, the dimension all astrologers look at.  In oft-ignored declination, however, the peak of the conjunction was this week.  This transiting parallel happens to be parallel with the Bitcoin Venus.  The North Node with Saturn suggests growth of the type that isn't easily undone, and Venus of course is value.  What's more, the North Node parallel to Venus is still growing in strength from now through most of January. 

So unless my guess is wrong and Jupiter is actually the trigger, we'll probably continue to see a climb through the January peak.  Around the peak, I'm guessing at vertical price movement:  probably up, but because Pluto is one of the drivers here I'm not betting the farm.  Maybe half the farm, though... 

November 8, 2013 at 8:22 AM
Jupiter is now retrograde and the Bitcoin price most assuredly is not.

November 9, 2013 at 11:39 PM
Today's price drop: I think it's Mercury, forming an exact trine today with Neptune which has been hovering near Bitcoin's Venus. Mercury stations direct tomorrow and I suspect we'll be moving back up within a few days. I wrote about a similar configuration and price drop earlier, except with the Sun instead of Mercury.

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