Sunday, February 15, 2015

Yesterday's Bitcoin Spike

Yesterday was the apparent peak of a short, sharp spike in the Bitcoin price starting the day before.  The price went from around $220 to around $265 and is currently hanging at $242.  This may correspond with news that the impending "BitLicense" laws in New York state may not be as harsh as previously anticipated.

Astrologically, we'd be looking for a trigger that's slower than the Sun, Mercury, and Venus because those planets tend to only affect the price for a day.  Mars is not forming any clear aspects to the Bitcoin chart, and would probably have a negative effect in most cases.  An outer planet (Jupiter and beyond) might bring an event of significantly longer duration.  My guess:  transiting Vesta, which is currently forming a conjunction with the Bitcoin North Node at nine degrees Aquarius. 

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