Interview: Crypto Damus On Successfully Combining Bitcoin TA With Financial Astrology


Bitcoin is booming throughout mainstream finance and throughout social media. Other cryptocurrencies are almost as scorching, and even meme shares like SportStop, AMC, and others have introduced retail into finance like by no means earlier than. It additionally has uncovered among the extra unorthodox components of finance, resembling monetary astrology.

Financial Astrology has been round for so long as markets have been buying and selling however has just lately change into well-liked by the likes of Twitter and TikTook influencers. But not everyone seems to be hopping on the pattern. We’ve had the chance to take a seat down and communicate to a professional in astrology who spent greater than 20 years studying the craft. They’re a frontrunner within the area of monetary astrology and technical analysis market timing and are right here to clarify how the progressive combo may be utilized to Bitcoin, Ethereum, and different cryptocurrencies.

Interview With Financial Astrologer, Technical Analyst Crypto Damus

NewsBTC: Can you begin with a brief introduction on the way you first turned considering 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 studies for just a few 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 bought considering Bitcoin in 2017 and was curious to see if I may carry astrology methods to foretell Bitcoin worth 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 could be. Since then, we’ve got efficiently referred to as many main market tops and bottoms. But we’ve got made errors too, Astro TA is fairly new and I proceed to study, enhance and refine my methods.

What about Bitcoin do you consider in?

I consider Bitcoin is a part of a number of bigger developments. First, I consider Bitcoin is the primary worldwide world forex that transcends worldwide borders and nationwide currencies and central banks, this will help 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, normally, 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 property on the planet on a 5-7 timeframe. Bitcoin presents a generational funding alternative.

Obviously, this can be a lot additional sweeping of a query, however what are some key factors that trigger you to consider so strongly in monetary astrology and astrology normally?

This is an extended dialogue however typically, I think about astrology to be a common language that reveals the deeper nature of actuality. The correlation of Astrology to world occasions and market motion is obvious and compelling, the info we’ve got is convincing, and we expect astrology provides one other part 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 studies, I predicted and warned my followers of a significant world disaster in 2020 and really useful Gold particularly, which did very nicely in 2020. Unfortunately, we had been appropriate and data is energy, understanding what’s coming will help you put together. I can’t let you know how many individuals have advised me they thought astrology was BS till they began following my evaluation! When they see the astrology play out in market piece motion, the correlations are simple.

How did you arrive on the Crypto Damus title?

LOL, nicely, it’s mainly a play on the well-known astrologer Nostradamus who was stated to have the ability to precisely predict future world occasions.

Nostradamus

Why do you suppose there are some folks so against the concept astrology can work?

There are quite a lot of complicated causes however it’s mainly a symptom of closed-mindedness to one thing you don’t perceive. I imply truthfully, there isn’t a rational purpose why astrology works, it’s a must to have a bit extra open-mindedness to a extra mystical perspective that each one issues are one way or the other interconnected. Today, we stay in such a scientific, materialist paradigm the place science and logic are extremely valued and this creates loads of closed-minded attitudes to extra mystical, intuitive arts like astrology. I imply, I 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 approach to “prove” astrology works. So many individuals merely reject astrology with out truly genuinely investigating it for themselves. It’s like listening to somebody communicate Chinese and pondering it’s a bunch of gibberish merely since you don’t personally perceive it. Also, I believe there’s a false impression that Astrologers consider the planets “cause” occasions to occur. In basic, we take a look at it extra as a language and as a research of power sample recognition and evaluation. I provide a spread of astrology schooling to assist change this!

What are your ideas on the rise of monetary astrology influencers on Twitter and TikTook just lately, ie: Maren? What influence are they having on the apply?

Social media normally is an amplifier for each info 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 era, considering astrology. Millennials are very considering astrology and likewise in Crypto, so it’s a pure match. Also, Crypto folks appear to be inherently a bit extra open-minded normally and I believe they’re extra open-minded to astrology. Maren particularly is sort of controversial for quite a lot of causes, (legitimate or not), and other people both appear to like her or hate her. Maren type of stormed into the Crypto world and bought loads of consideration for a similar work I had been doing for years, which was a bit annoying. On the opposite hand, she introduced loads 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 loads of movies in lingerie or no matter, however I believe it’s completely different and distinctive. I’m pleasant along with her and I used to be on her Podcast in January, however I don’t truly observe her work intently. Overall, 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. 

Trading Bitcoin And How Technical Analysis Works With Astrology

How precisely do you leverage monetary astrology inside your personal technical evaluation?

It’s fairly complicated, however mainly, we see astrology as one other stage of knowledge that provides an edge to technical evaluation and threat administration. In a method, you possibly can say that astrological components are merely one other technical indicator that helps us perceive the market worth motion and pattern. Astrology may also assist with timing and threat administration. For instance, if you recognize a sure interval is kind of favorable for buying and selling, you possibly can add or scale back threat accordingly. It typically helps with when to shut a commerce or take earnings on a long-term place. But like several technical sign, it can provide false indicators too, so it’s only one issue we take a look at.

Has monetary astrology ever predicted any appropriate market actions for you, and if that’s the case, are you able to present some examples of that success?

I believe I already gave you two examples from 2019 and 2020, nevertheless, we use them day-after-day 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 Phase knowledge mixed with technicals, and advised 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 useful LINK for a number of years and just lately really useful ADA and BNB.

TA infused with astrology is the Crypto Damus means | Source: BTCUSD on TradingView.com

Bigger image knowledge from 1977, 2000, and 2008 signifies Stock Market rallies are inclined to high out in the course of Uranus-Saturn exhausting features, adopted by multi-year downtrends. We have a Uranus-Saturn sq. in 2021-’22, so we expect the bull market in shares may proceed nicely into 2022 however doubtless tops out someplace earlier than OCT 2022, in all probability as a result of the FED should increase charges.

Can you present some examples of what, for instance, Saturn conjunct with Mars may imply for Bitcoin?

Mars and Saturn are thought-about unfavorable planets, so once they come into conjunction, it’s typically thought-about “bad luck” and brings issues, conflicts, epidemics, and market corrections. Of course, Mars and Saturn can, in some circumstances, even be favorable relying on the side alignments.

How do you mix standard technical indicators with monetary astrology to develop a working system?

That is an ever-evolving factor. Right now, in short-term buying and selling, we research the planetary side image, the moon section knowledge, and transits and progressions within the Bitcoin natal chart and provide you with a tough forecast image for Bitcoin. I additionally use my very own natal chart fairly a bit. One of the mysteries of monetary astrology is that your personal natal chart will typically present essentially the most correct info and clues to your private trades. I work with different trades to establish 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 every 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 worth motion and technicals to substantiate or invalidate our bias and likewise to handle the precise trades. We give all this data in our Patreon group and Substack studies.

Is there reality to issues like Mercury in Retrograde, for instance?

Yes, Mercury guidelines journey, know-how and communication, so when it goes retrograde 3x a yr for 3 weeks every time, these areas of like change into extra liable to issues. Technology normally and automobiles and telephones and laptops extra particularly appear to have extra issues, or issues which have been brewing need to be handled. Also, 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. 

Related Reading | Mercury in Retrograde: Why Bitcoin Traders Fear The Astrological Event

But Mercury retro will also be good for sure issues, like revising and enhancing, going by closets to de-clutter, returning to well-worn locations, and visiting with an outdated pal you haven’t seen. It’s typically higher for slowing down and re-thinking your method relatively than making an attempt to push forward too strongly or launch an enormous undertaking. In this manner, astrology helps us be extra in sync with the pure power patterns of life. In monetary astrology, we regularly see whipsaw worth motion round Mercury retro and a change out there 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 influence markets?

Well, particularly in 2021, Bitcoin has made a outstanding correlation with Moon Phases. So far, we’ve got seen Bitcoin worth 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-Three days. And then rally strongly from the Full Moon into the New Moon, making 5-7 tops on the New Moon interval. It’s not actual, however it’s shut sufficient to provide you a basic ballpark pattern, and thus proper now safer to commerce lengthy on the Full Moon and keep lengthy into the New Moon and shortly flip quick simply earlier than or on the New Moon. Now, this correlation may change, however for now, it’s been working.

And how 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 persona, profession, relationships, and cash. It’s a robust path for self-knowledge. I give many consults to skilled merchants and traders in search of an edge. However, astrology may be helpful in many various areas of life resembling medical astrology, geolocation astrology, and relationship astrology, to call just a few. Also following forecasts on basic astrology may be very helpful. As I discussed, I and plenty of different astrologers had predicted a significant world disaster in 2020, and afterward that the Pandemic would proceed nicely into 2021, so this kind of info may be useful to know upfront. Specifically, I predicted the Pandemic would enhance May-July and worsen once more in late July into late December, which sadly seems to have been correct to date.

Financial astrology dates again ages and was extremely popularized by W.D. Gann. Gann was equally thought-about 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’s not actually thought-about a monetary astrologer per se. I get this query loads however I haven’t studied Gann and don’t use his methods, so I can’t present any particular insights on this query

Are there every other worthy sources of monetary astrology info? And how can the NewsBTC viewers study extra about what you provide?

As I discussed, Ray Merriman from MMA cycles is without doubt one of the main monetary astrologers within the area and does protection of Stocks and commodities. Grace Stahre and my trainer Christeen Skinner are some others. For me personally, I’ve been the chief within the area of monetary astrology specializing in Bitcoin and Cryptocurrencies. My Patreon group with 2-3x week updates for lively merchants may be situated at https://www.patreon.com/CryptoDamus1 and all my data on subscription companies, consults, schooling, and tutorials is on my web site at www.astrocryptoreeport.com. I may be contacted at [email protected]. You may also observe on Twitter at @AstroCryptoGuru.

Follow @TonySpilotroBTC on Twitter or by way of the TonyTradesBTC Telegram. Content is instructional and shouldn’t be thought-about funding recommendation.

Featured picture from iStockPhotograph, Charts from TradingView.com





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