Crude Oil and Bitcoin fell hard too

Our biggest concern now is that if Bitcoin does not rally back above 11,700, and then falls below 5980, we could see a real washout down to 1362-4475 (77-93% loss off the all-time high if Dec 18, which is our rule after “bubbles” pop). So, if you are in it for the long haul, then you must be prepared for that possibility. – Raymond Merriman, “MMA Webinar,” https://mmacycles.com, April 29, 2018, and MMA weekly reports.

Well, it happened last week. Bitcoin never traded above 11,700, and per our call made all year in our weekly and daily reports, and including the April 29, 2018 webinar, Bitcoin broke down last week and is now testing the $4000 level. Except for those who continue to predict its extinction, did anyone else make such a forecast all year long like this? It is another example of what one can do — how one can forecast accurately — when integrating the principles of geocosmic studies with historical market charts. Now what for Bitcoin? Be sure to read the section on “Uranus in Taurus: The ‘New Normal’ Becomes Abnormal,” in the Forecast 2019 Book, coming out in about two weeks. Bankers will still go Bonkers, and so will Bakers, as food (and meat) prices are setting up for the next big rally into the Capricorn Stellium of late 2019 through 2020.

It seems many are turning bearish on global equities. They could be right since the all-time high occurred on October 3, 2018, which was within two months of the last passage of Saturn in waning trine to Uranus. In the past four cases, this 45-year signature has correlated with a long-term stock market crest within two months of the central time band in every case. This would be the fifth time if the high holds.

However, Jupiter is also now beginning its 13-month journey through Sagittarius, the sign it rules, November 8, 2018 through December 2, 2019. Both Jupiter and Sagittarius rule expansion, growth, and usually optimism. Historically, Jupiter in Sagittarius also has a strong correlation to long-term cycle crests in stocks, although these could be double tops to highs that occurred before then too. This instance is even more pronounced because at the same time, Jupiter will be in a square aspect to Neptune, which happens to also be in its ruling sign of Pisces. This exaggerates the already exaggerative nature of Jupiter in Sagittarius. But the square aspect to Neptune can indicate a positive or a negative correlation to equity prices. That is, stocks can either soar to new all-time highs, as in a “bubble” chart formation, or collapse into a devastating spiral down, because when Jupiter and Neptune in aspect aren’t optimistic, they can be hysterical and succumb to panic. This is a setup leading into the Capricorn Stellium right afterwards. We cover that setup in Forecast 2019. Did I mention the book is now written and coming out in two weeks? I think I did. You need to have this book to navigate the scene in 2019 if you value your sanity.

Back to last week’s markets. It may have been a holiday in the USA, but the stock markets of the world did not paint a pretty picture of a joyous holiday season. Several markets fell below their lows of October 26-29 (i.e., NASDAQ, German DAX, Australian ASX) and others came very close to doing the same (DJIA, S&P, Nikkei). It is not supposed to act this way with Jupiter in Sagittarius, although it is still very early in this journey, and stock markets could still be in a spillover mode from the Venus retrograde period, which began October 5 and correlated with the all-time or multi-year highs in many of these indices. That retrograde period ended last week, November 17, the same day that Mercury the Trickster began its three-week retrograde cycle. If Venus retrograde didn’t drive you a little crazy, chances are Mercury retrograde will. And if that doesn’t do the trick, then Jupiter square Neptune might. Which is why you need to read this year’s Forecast 2019 Book. Donald Trump says, “The world is a dangerous place.” Financial Astrology says it’s just going through a bout of collective disillusionment that may be degenerating to mass hysteria. This in turn could also lead to surge in spiritual interests and/or mass movements demanding world peace and an end to hostile and threatening rhetoric from world leaders. I think we will see the results after the peak, correlating with the Capricorn Stellium in 2020.

But back to the markets. Stocks weren’t the only area where financial markets took a hit. Crude Oil and Bitcoin fell hard too. We already discussed Bitcoin’s turmoil. And now Crude Oil is collapsing, which we also forecasted would happen. It tested the $50 mark last week, which was right into the targeted price range given in our weekly subscription reports for several months. And to think that on October 3, just two days before Venus turned retrograde, crude oil was above $76. That’s the power of Venus in Scorpio and Libra, moving from its detriment sign back to its ruling sign, which is a reason to think all of these down drafts could reverse shortly and start a whole new bullish sentiment. Or will they continue out of control into Jupiter square Neptune, January-September 2019? We have some ideas on that in this year’s Forecast 2019 Book. Did I mention it is coming out soon?

One more thought before I leave you this week: Venus (in Libra) will be in opposition to Uranus on November 30. The month before had the same aspect (actually, on October 30-31), only Venus was in Scorpio then, as it was retrograde. What a nice symmetry it would be if these two similar occurrences coincided with important lows. We must also remember, though, that with Mercury retrograde and Uranus highlighted, support and resistance zones often break — and then reverse — for Mercury the Trickster just loves to violate boundaries and then reverse again, as in a series of fake outs.

It is a dangerous world and a crazy time. Lose your ego, but hold on to your mind. It’s a good verse for a new song or mantra, and it fits with Jupiter in Sagittarius and Neptune in Pisces.