Bitcoin Price Predictions 2018

Bitcoin was first introduced on January 3, 2009 at 06:15PM, GMT. This is the time the first Genesis block was mined. (Source: historyofbitcoin.org).

The inventor or inventors of Bitcoin go by the pseudo-name of Satoshi Nakamoto. The creation of the new digital cash system, by no coincidence, was around the time of the great financial meltdown and crisis of 2008 caused by reckless, fraudulent banks gambling on subprime loans and derivatives. The actions allowed by the “too big to fail banks” almost completely destroyed the financial system. Since then, central banks have created approximately 14 trillion dollars of “funny money” to rescue themselves from the financial crisis they created and to re-inflate asset prices such as equities and real estate into the stratosphere.

The purpose of Bitcoin was to create a “trustless” cash system without the interference of third party intermediaries. Only 21 million Bitcoin will ever be mined. Many multi-national corporations now accept Bitcoin for payment and there are Bitcoin ATM’s in most countries including the U.S. Bitcoin futures contracts were recently launched at the CBOE on Dec. 10 of 2017. Exchange traded funds, (ETF’s), for Bitcoin may soon be approved before the end of 2018.

The cryptocurrency market has presently grown to approximately 2000 “altcoins” and has a market cap at approximately 200 billion as of this writing. (Source: coinmarketcap.com). Bitcoin is in 1st place. Is it any wonder that Bitcoin is the leader of the pack with four planets, the Sun, Mars, Jupiter, and Pluto in Capricorn!

See birth chart for when Bitcoin was first introduced on Jan. 3, 2009 at 06:15PM, GMT. A “solar equilibrium” chart was created placing the Sun on the ascendant since there is no actual physical location for the first Genesis block mined, only the time stamp.

Bitcoin has been pronounced dead countless of times since its inception, and every time it has proved its skeptics and naysayers wrong. It has crashed and come back to life to make new all time highs many times. The most significant move higher took place in 2017 when Bitcoin completed a top at almost 20,000 on Dec. 17, 2017.  Is it any coincidence that the CME also launched their Bitcoin futures contract on the same exact date? That alone was a major red flag!

What were the astrological signs of a top in Bitcoin in December of 2017?  The most obvious and major planetary event was the ingress of Saturn into the sign of Capricorn on Dec. 20th. The Winter Solstice was the following day when the Sun entered Capricorn and formed a conjunction to Saturn. See chart for daily price chart for Bitcoin with the bars colored for Saturn’s ingress into Capricorn and the Sun/Saturn conjunction. The top and trend lower began within three trading days of these planetary events.

What is the astrological signature for this kind of volatility and the rise and fall of Bitcoin? It is the same planetary cycle associated with the market crash and financial meltdown of 2008. It is Saturn opposed, (180 degrees), Uranus. The strongest aspect in the chart for Bitcoin is Saturn in Virgo opposed Uranus in Pisces within 3 degrees of orb. Fortunately, the Sun in Capricorn is well aspected, and forms a favorable trine, (120 degree), to Saturn in Virgo, and sextile, (60 degrees), to Uranus in Pisces. Bitcoin has continued to rise from the ashes and soar to new heights every time. Will this time be any different? Has the bubble already burst? From an astrological perspective, I think not.

Welcome Uranus in Taurus, (May 2018 – April 2026). The planet Uranus spends approximately seven years in a sign. Uranus will retrograde back into Aries one final time on November 6, 2018 and will officially enter Taurus again on March 6th, 2019. Digital cash and cryptocurrencies are not a passing fad. They are here to stay. What can be more symbolic of digital currency than Uranus, (digital), in Taurus, (currency)! We will probably be witnessing the final death of fiat, paper money during this cycle.

Prediction: The cryptocurrency market cap will grow into the trillions of dollars during Uranus’ transit in Taurus. The big money has not even entered this sector yet. The banking system as we presently know it today, will change dramatically or may cease to exist during the next seven years.

What’s next for Bitcoin during the 4th quarter of 2018?  Bitcoin has been in a bear market in 2018, but has been consolidating and forming a base during the Summer season above key planetary support at the 1st harmonic, (360), Jupiter line. This important planetary support level has accurately held the lows on February 6th, June 24th, and August 14th of 2018. Just a coincidence? This key planetary price level is at 5850 and is the “line in the sand” to hold for a turn higher again. (See chart example #3). Key planetary resistance is now at 7520, (Saturn/Uranus 3rd harmonic, 120 lines), and at 8500 – 8720, (Jupiter, Saturn/Uranus lines), at the July 25th top. A break out above 8500 – 8720 is needed to begin to confirm a trend change to higher levels. See planetary price chart with key planetary support and resistance levels.

The most important key turn dates during the 4th quarter of 2018 for tops, bottoms, and trend reversals are likely to be within a couple trading days of these important dates: 09/30; 10/05; 10/11; 10/23; 10/31; 11/06 – 11/08* (most important); 11/16; 11/26; 12/02; 12/07; 12/20 – 12/21* (most important); 12/31* (most important).

Weekly Timing and Trading report are available for Bitcoin, Bitcoin Cash, Ethereum, Litecoin, or EOS by visiting the trading services page.

Best of success,

Ted

© 2018, T.S. Phillips, Astro Advisory Services, LLC

This article and outlook is for informational purposes only. T.S. Phillips and Astro Advisory Services, LLC are not rendering any trading advice. Past forecasting accuracy is not necessarily indicative of future forecasting results or trading profits. This article contains information and trade secrets based on the research of T.S. Phillips. You are responsible for your own activities in the stock, commodity, or crypto-currency markets and you realize that trading involves high risk. Only speculative capital should ever be used to trade markets.

 

 

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