Interview: Crypto Damus On Successfully Combining Bitcoin TA With Financial Astrology
July 29 2021 - 2:57PM
NEWSBTC
Bitcoin is booming all over mainstream finance and throughout
social media. Other cryptocurrencies are nearly as hot, and even
meme stocks like GameStop, AMC, and others have brought retail into
finance like never before. It also has uncovered some of the more
unorthodox parts of finance, such as financial astrology. Financial
astrology has been around for as long as markets have been trading,
but has recently become popular through the likes of Twitter and
TikTok influencers. But not everyone is hopping on the trend. We’ve
had the opportunity to sit down and speak to a pro in astrology who
spent more than two decades learning the craft. They’re a leader in
the field of financial astrology and technical analysis market
timing, and are here to explain how the innovative combo can be
applied to Bitcoin, Ethereum, and other cryptocurrencies. Interview
With Financial Astrologer, Technical Analyst Crypto Damus NewsBTC:
Can you start with a short introduction with how you first became
interested in financial astrology and how that journey began?
Crypto Damus: I had noticed many correlations between markets and
astrology over the years and read an article in The Mountain
Astrologer about the financial astrologer Ray Merriman. I
subscribed to his reports for a few years and became inspired to
create my own forecast report specifically for Bitcoin and Crypto.
What came first, an interest in astrology or finance? And where
does Bitcoin and crypto come into the fold for you? I had already
been involved in astrology for many years before getting
specifically into financial astrology. I got interested in Bitcoin
in 2017 and was curious to see if I could bring astrology
techniques to predict Bitcoin price movement and started a free
report in late 2017. We had some success early on and went to paid
subscription in 2019. In 2019 we predicted the January market
bottom in January and also the spring rally and June blow off top
down to a ten day period months in advance, and also predicted the
months long summer/fall downtrend that followed. We also predicted
the March 2020 sell off, although not how severe it would be. Since
then we have successfully called many major market tops and
bottoms. But we have made mistakes too, Astro TA is pretty new and
I continue to learn, improve and refine my techniques. What about
Bitcoin do you believe in? I believe Bitcoin is part of several
larger trends. First I believe Bitcoin is the first international
world currency that transcends international borders and national
currencies and central banks, this can help world commerce and
bring people together and unify the world. Second, Bitcoin is part
of the generational technological shift in global finance from
material value like paper money and Gold into digital value. Third,
Bitcoin and Crypto in general is clearly part of a larger
generation shift in investing; clearly Crypto is the new stock
market for millennials and one of the best performing assets in the
world on a 5-7 timeframe. Bitcoin presents a generational
investment opportunity. Obviously this is a lot further sweeping of
a question, but what are some key points that cause you to believe
so strongly in financial astrology and astrology in general? This
is a longer discussion but generally I consider astrology to be a
universal language that reveals the deeper nature of reality. The
correlation of Astrology to world events and market movement are
clear and compelling, the data we have is convincing and we think
astrology adds another component to trading and investing that
combined with other types of analysis, can give an edge. For
example in Sept 2019 on Twitter and in my subscription reports I
predicted and warned my followers of a major global crisis in 2020
and recommended Gold specifically, which did very well in 2020,
unfortunately we were correct and knowledge is power, knowing
what’s coming can help you prepare. I can’t tell you how many
people have told me they thought astrology was BS until they
started following my analysis ! When they see the astrology play
out in market piece action the correlations are undeniable. Macro
Economic: Why are astrologers so worried about the Saturn/ Pluto
conjunction of 2020 ? Because the Saturn/Pluto cycle has correlated
with major political, economic and cultural crisis. breakdown of
existing structure and change. Important Saturn/ Pluto years were….
— Crypto Damus (@AstroCryptoGuru) August 21, 2019 How did you
arrive at the Crypto Damus name? LOL, well it’s basically a play on
the famous astrologer Nostradamus who was said to be able to
accurately predict future world events. Nostradamus Why do you
think there are some people so opposed to the idea that astrology
can work? There are a variety of complex reasons but it’s basically
a symptom of closed mindedness to something you don’t understand. I
mean honestly there is no rational reason why astrology works, you
have to have a bit more open mindedness to a more mystical
perspective that all things are somehow interconnected.Today we
live in such a scientific materialist paradigm where science and
logic are highly valued and this creates a lot of closed minded
attitudes to more mystical, intuitive arts like astrology. I mean I
love science but it’s not the only tool in the box. Astrology is
such a unique language that many don’t understand and haven’t taken
the time to understand and there is no way to “prove” astrology
works, so many people simply reject astrology without actually
genuinely investigating it for themselves. It’s like listening to
someone speak Chinese and thinking it’s a bunch of gibberish simply
because you don’t personally understand it. Also I think there is a
misconception that Astrologers believe the planets “cause” events
to happen, in general we look at it more as a language and as a
study of energy pattern recognition and analysis. I offer a range
of astrology education to help change this! What are your thoughts
on the rise of financial astrology influencers on Twitter and
TikTok recently, ie: Maren? What impact are they having on the
practice? Social media in general is an amplifier for both
information and disinformation, but if it’s used skillfully it can
be a great way to introduce people to astrology. I mean generally I
think it’s positive because it gets people, especially a younger
generation, interested in astrology. Millennials are very
interested in astrology and also in Crypto, so it’s a natural fit.
Also Crypto people seem to be inherently a bit more open minded in
general and I think they are more open minded to astrology. Maren
specifically is quite controversial for a variety of reasons (valid
or not) and people either seem to love her or hate her. Maren kind
of stormed into the Crypto world and got a lot of attention for the
same work I had been doing for years, which was a bit annoying. On
the other hand she brought a lot of interest to financial astrology
and more interest in my work as well. Some people don’t like it
because she does a lot of videos in lingerie or whatever but I
think it’s different and unique. I’m friendly with her and I was on
her Podcast in January, but I don’t actually follow her work
closely. Overall if she is reaching a younger audience, bringing
more genuine interest to astrology and helping people to understand
astrology better, I think it’s a good thing. Trading Bitcoin
And How Technical Analysis Works With Astrology How exactly do you
leverage financial astrology within your own technical analysis?
It’s quite complex, but basically we see astrology as another level
of information that adds an edge to technical analysis and risk
management. In one way you can say that astrological factors are
simply another technical indicator that helps us understand the
market price action and trend. Astrology can also help with timing
and risk management, for example if you know a certain period is
more or less favorable for trading you can add or reduce risk
accordingly, it sometimes helps with when to close a trade, or take
profits on a long term position. But like any technical signal it
can give false signals too, so it;’s just one factor we look at.
Has financial astrology ever predicted any correct market actions
for you, and if so, can you provide some examples of that success?
I think I already gave you two examples from 2019 and 2020, however
we use it every day to help with swing trading as well as long term
investing. I just recently accurately predicted the recent late
July Bitcoin rebound rally to the day, based on Moon Phase data
combined with technicals, and told our subscribers to add to long
term positions and go long at 30600. We also use it to help assess
ALT Coins and have recommended LINK for several years and recently
recommended ADA and BNB TA infused with astrology is the Crypto
Damus way | Source: BTCUSD on TradingView.com Bigger picture data
form 1977, 2000 and 2008 indicates Stock Market rallies tend top
out in the middle of Uranus- Saturn hard aspects followed by multi
year down trends. We have a Uranus- Saturn square in 2021-22, so we
think the bull market in stocks could continue well into 2022, but
likely tops out somewhere before OCT 2022, probably because the FED
will have to raise rates. Can you provide some examples of what –
for example – Saturn conjunct with Mars might mean for Bitcoin?
Mars and Saturn are considered unfavorable planets, so when they
come into conjunction it’s generally considered “bad luck” and
brings problems, conflicts, epidemics and market corrections. Of
course Mars and Saturn can in some cases also be favorable
depending on the aspect alignments. How do you combine conventional
technical indicators with financial astrology to develop a working
system? That is an ever evolving thing. Right now in short term
trading we study the planetary aspect picture, the moon phase data,
and transits and progressions in the Bitcoin natal chart and come
up with a rough forecast picture for Bitcoin. I also use my own
natal chart quite a bit. One of the mysteries of financial
astrology is that your own natal chart will often provide the most
accurate information and clues for your personal trades. I work
with other trades to identify favorable and unfavorable period s
for trading. Then we study support and resistance levels, use
traditional technical indicators like RSI, MACD and Stochastics
with daily and weekly moving averages, and set some technical
criteria for entries, stop losses and profit targets. So the
astrology gives us a bear or bull bias on monthly and weekly time
frames, then we use price action and technicals to confirm or
invalidate our bias and also to manage the actual trades. We give
all this info in our Patreon group and Substack reports Is there
truth to things like Mercury in Retrograde, for example? Yes,
Mercury rules travel, technology and communication, so when it goes
retrograde 3x a years for three weeks each time these areas of like
become more prone to problems. Technology in general and cars and
phones and laptops more specifically seem to have more problems, or
problems that have been brewing have to be dealt with. Also travel
is more prone to delays and interpersonal communication can break
down. It’s general discouraged to sign any long term binding
contracts at that time. Related Reading | Mercury in
Retrograde: Why Bitcoin Traders Fear The Astrological Event But
Mercury retro can also be good for certain things, like revising
and editing, going through closets to de-clutter, returning to well
worn places and visiting with old friend you haven;t seen. It;’s
generally better for slowing down and re-thinking your approach
rather than trying to push ahead too strongly or launch a big
project, in this way astrology helps us be more in synch with the
natural energy patterns of life. In financial astrology we often
see whipsaw price action around Mercury retro and a change in
market trend, we can often see problems, hacks and glitches at the
major exchanges. How about the sun and moon cycles? How do these
behaviors impact markets? Well, specifically in 2021 Bitcoin has
made a remarkable correlation with Moon Phases. So far we have seen
Bitcoin price trend down from the New Moon into the Full Moon,
making seven market bottoms just before or on the past seven Full
Moons within 1-3 days. And then rally strongly from the Full Moon
into the New Moon, making 5/7 tops on the New Moon period. It’s not
exact, but it’s close enough to give you a general ball park trend,
and thus right now safer to trade long on the Full Moon and stay
long into the New Moon and quickly flip short just before or on the
New Moon. Now this correlation could change, but for now it’s been
working. And how can everyday individuals use astrology to better
other areas of their lives outside of the financial world? An
astrology consultation from a professional astrologer can really
provide profound insights into character and personality, career,
relationships and money, it’s a powerful path for self knowledge. I
give many consults to professional traders and investors looking
for an edge. However astrology can be useful in many different
areas of life such as medical astrology, geo location astrology and
relationship astrology to name a few. Also following forecasts on
general astrology can be very useful, as I mentioned, I and many
other astrologers had predicted a major global crisis in 2020 ,and
afterwards that the Pandemic would continue well into 2021, so this
type of information can be helpful to know in advance. Specifically
I predicted the Pandemic would improve May-July and worsen again in
late July into late December, sadly appears to have been accurate
so far. 1/ I closed my $BTC long this morning at 40k for 3rd win in
a row, opened a small short Why ? Mars in Virgo opposing #BTC Venus
today100 DMA and psychological level of 40k are tough resistance
looking at 37400 or 35800 as possible support levels Stop at 40600
if I am wrong pic.twitter.com/uagjUBRZGH — Crypto Damus
(@AstroCryptoGuru) July 29, 2021 Financial astrology dates back
ages, and was highly popularized by W.D. Gann. Gann was equally
considered a legend and a hoax due to the practices he claimed to
rely on. What are your thoughts specifically on Gann? To be honest
Gann was doing his own thing, with math and geometry and other
techniques, he did use astrological techniques but he is not really
considered a financial astrologer per se. I get this question a lot
but I haven’t studied Gann and don’t use his techniques, so I
cannot provide any specific insights on this question Are there any
other worthy sources of financial astrology information? And how
can the Bitcoinist audience learn more about what you offer? As I
mentioned Ray Merriman from MMA cycles is one of the leading
financial astrologers in the field and does coverage of Stocks and
commodities. Grace Stahre and my teacher Christeen Skinner are some
others. For me personally I have been the leader in the field for
financial astrology specializing in Bitcoin and Cryptocurrecies. My
Patreon group with 2-3x week updates for active traders can be
located at https://www.patreon.com/CryptoDamus1 and all my info on
subscription services, consults, education and tutorials is on my
website at www.astrocryptoreeport.com. I can be contacted at
astrocryptoreport@gmail.com. You can also follow on Twitter at
@AstroCryptoGuru. Follow @TonySpilotroBTC on Twitter or via the
TonyTradesBTC Telegram. Content is educational and should not
be considered investment advice. Featured image from
iStockPhoto, Charts from TradingView.com
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