Bitcoin price predictions 2019, (posted on December 19th, 2018). In my last article for Bitcoin, BTC, I listed in advance that the period from 11/06 – 11/08 was most important for a turning point for Bitcoin and that key planetary support for BTC at 5850 was the “line in the sand” to hold for a turn higher again. A break of this important level would trigger a new sell signal. It was during this time frame that BTC began to turn lower. However, it wasn’t until Nov. 14th when BTC broke the important 5850 planetary support level that held the low during the entire year of 2018. This strong sell signal occurred within two trading days of Mars’ ingress into the sign of Pisces.
Was this downturn and breakdown of key support in BTC predictable? From the analysis of the transits in BTC’s chart, definitely yes. The next strong downturn in BTC and crypto-currencies was timed by the planet Uranus retrograding back into the sign of Aries and Jupiter entering Sagittarius, (Nov. 6th – 8th). This event also timed one of the worst wild fires in the history of California.
See transit chart for Uranus in Aries square Jupiter in Capricorn in the BTC chart. This transit began and was strongest when Uranus entered Aries on Nov. 6th and continued during the month of November, the worst month of the entire year for Crypto. Uranus in Aries was also square, (90 degrees), the Nodes of the Moon, a very stressful planetary cycle. If we include Venus in Libra, there is a “cardinal cross” with Uranus, the Nodes, and Venus, to Jupiter in the BTC chart. A cardinal cross occurs when planets are at 90 degree multiples to each other in the cardinal signs of Aries, Cancer, Libra, and Capricorn. It is a high energy period. There was also another bearish aspect from transiting Saturn conjunct Mars and square the Moon.
Jupiter square Uranus or Uranus square Jupiter showing up in a chart for a stock, commodity, or crypto-currency is a negative transit, and usually brings a downturn unless there are other strong compensating factors in the planetary analysis. The same things goes in an individual’s chart. This transit can bring a reversal of fortunes or losses in many cases unless the downside risk in managed well. The best cycles for financial success and opportunities in a person’s chart occur when Jupiter sextiles, (60 degrees), or trines, (120 degrees), Uranus or Uranus sextiles or trines Jupiter. The conjunction, (0 degrees), can be either favorable or challenging depending on how Jupiter or Uranus aspects other planets in the birth chart. The same rule applies to 1st trade charts for stocks, commodities, forex, and crypto-currencies.
This is an updated daily chart for BTC for Dec. 12th, 2018. The break out below 5850 in November was a strong sell signal. The decline to continued to test Uranus planetary support at 3310. There are two important conjunctions in the month of December and at the very beginning of January. The planetary price level for the Sun/Saturn conjunction on January 2nd, 2019 is at 2800. The planetary price level for the Mercury/Jupiter conjunction on the Winter Solstice on Dec. 21st is at 2480. Important planetary support for a low to complete in the December or early January time frame is likely to be at the 3310 – 2800 level. This target was already reached. The Sun/Saturn level for the Solstice and conjunction is likely to be a strong floor. In the event price breaks down below 2800, next planetary support is at the 2480 level for the important Mercury/Jupiter conjunction on the 21st. From the perspective of the longer term weekly and monthly charts, this is still only a major retracement and correction, (wave 2), of a longer term bull market and uptrend. I am expecting the longer term cycle to continue during Uranus’ transit in Taurus. Uranus will officially enter Taurus for another 7 years on March 6th, 2019. A very important turn date to watch in 2019.
The bear market in Crypto-currencies in 2018 is associated with the Saturn cycle in Capricorn that began on Dec. 19, 2017. It is also by no coincidence that the final wave lower began when retrograde Uranus, (planetary ruler of Crypto), went back into the sign of Aries. There is also a stressful planetary cycle of Uranus in Aries square, (90 degrees), the Nodes of the Moon in Capricorn and Cancer. The month of December is when the Winter Solstice occurs on Dec. 21st. Mars will enter Aries on Dec. 31st and the Sun conjuncts Saturn on Jan. 1st. A low or a turn around is likely to begin again by the beginning of January. Stay tuned for more important updates and charts in 2019.
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Best of success,
© 2018, T.S. Phillips, Astro Advisory Services, LLC