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Bitcoin & other Cryptocurrencies in 2021
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Ouranos



Joined: 28 Mar 2020
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Posted: Wed Aug 11, 2021 7:36 pm    Post subject: Reply with quote

At 4 p.m. GMT, "$ 260 million [...] in assets had been returned," the company tweeted, including "Ethereum: $ 3.3 million. BinanceChain: 256 million. OxPolygon: 1 million ”.

"There is still missing $ 269 million in Ethereum and $ 84 million in Polygon," Poly Network said.
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Ouranos



Joined: 28 Mar 2020
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Posted: Sat Aug 14, 2021 2:41 am    Post subject: Reply with quote

Global stocks indices are now making their move up into the spectacular full Moon-conjunct-Jupiter that takes place next weekend, August 20-21. Let's see what happens after that Jupiterian euphoria, which will also take place with the over-excitable Uranus turning stationary R. everything is now leading up to the week's Sun/Jupiter opposition on the same day as Uranus is changing directions. This all takes place on Thursday, August 19. It will be just before the most stunning and visible celestial event of the year: the full moon conjunct Jupiter on Saturday evening, as the Sun sets and the Moon-with--Jupiter rises in the east. Make a note to get outside and view this.

Bitcoin was also up nicely last week, supporting our view that this is a newer primary cycle, and the early stages of all cycles are bullish.

"Age is a question of mind over matter. If you don't mind, it don't matter." Sachel Page, legendary baseball pitcher whose age was always in question.

"It is harder to crack prejudice than an atom." Albert Einstein.

I entertained conflicting thoughts during my last days in Europe this past week.

I realized there are some indisputable things I cannot change, and that discrimination still exists in societies everywhere. For instance, I cannot change my age. I cannot change my height. I cannot change the color of my skin. And I cannot change my sex. Yet people experience discrimination based on these very indisputable realities.

Yes, I know some people believe you can change your birth date to a time in which you had a revelation, or personal enlightenment, and this "new time of birth" replaces your actual birth data. That may be a belief, but it is not a fact.

Now, if we can just learn to discern the difference between knowledge, facts, and beliefs, and understand that beliefs are not the same as facts, there might also evolve a movement towards more tolerance and acceptance of others who appear "different." We see signs of this happening. Hence, we might be able to coexist in a world where diversity is truly a blessing, and its acceptance becomes more of a miracle and less of a complaint that keeps us separated, uncaring, and disrespectful of one another. We can do better.
We can be better. And many indeed are evolving, as the cosmic arrangement of these times calls upon us to do.

Ray Merriman's weekly column 2021-08-16
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WooWoo



Joined: 05 Apr 2013
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Posted: Sun Aug 15, 2021 7:16 pm    Post subject: Reply with quote

Helpful Stuff here to understand the Risks ....

https://www.youtube.com/watch?v=bEatOsY4IT0

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Ouranos



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Posted: Sat Aug 21, 2021 10:02 am    Post subject: Reply with quote

"We are right in the midst of the most spectacular celestial display of the year as the visible full moon commences Saturday-Sunday evening conjunct Jupiter. This is just two days after the powerful Uranus retrograde and Sun/Jupiter opposition of August 19-20. And what happened on August 19 as these two cosmic powerhouses converged? The U.S. and other world stock indices abruptly ended a sharp decline following their new all-time highs on Monday, August 16. And they commenced this reversal at a time when financial and political leaders were extremely disappointed (and bearish) following the Taliban's rapid takeover of Afghanistan and the lack of preparation in adequately handling this event on the past of the U.S.

The week held a much better fortune for holders of Bitcoin and Ethereum. Bitcoin is now testing the $50,000 mark, well off its recent low of 28,800 recorded on June 22 when Mercury turned direct. Jupiter and Neptune also changed directions that week. This past week, Uranus changed directions. When planets change directions, so do many financial markets.

How this will affect financial markets remains to be seen. But with Saturn square Uranus, momentum can reverse suddenly. We've already experienced abrupt reversals in financial markets several times this year, in short order. Last week was just another example. That's likely to continue all year, as long as the Saturn/Uranus square remains in its central time band."

Ray Merriman's weekly column 2021-08-23
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WooWoo



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Posted: Sat Aug 21, 2021 8:37 pm    Post subject: Reply with quote

So We can think what might happen to Bitcoin and Ethereum should the Stock Markets Crash. Or when they Crash.

We've got to remember that much of this Rally is built on Credit.

And that will disappear when the Selling starts.

Cryptos might be a Safe Haven but NOT for Credit driven Buyers.

Will they go much Higher before the 28th Nov 2021 Deadline ?

This is where the Technical Analysts can help.

https://www.youtube.com/watch?v=-ORyg6Cpeeg

I'd say this is the sort of Action I expect...

https://www.youtube.com/watch?v=4oNEedfcjPk

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Ouranos



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Posted: Mon Aug 23, 2021 1:58 am    Post subject: Reply with quote

US online payment giant PayPal announced on Monday that it will allow its users in the UK to buy, hold and sell cryptocurrency through the payment platform for the first time.
Its customers will be able to choose from four types of cryptocurrency: bitcoin, ethereum, litecoin and bitcoin Cash.

A new tab will be added to the PayPal platform, showing real-time currency prices and including information about cryptocurrencies, including potential risks, PayPal said.

This new service will start rolling out this week and will be available through both the PayPal app and the website.
Quick note: You do not have to buy 1 bitcoin worth several thousand $$$. You can buy whatever amount you want from it.
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Ouranos



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Posted: Sat Aug 28, 2021 11:50 am    Post subject: Reply with quote

The Saturn/Uranus square continues to coincide with one disrupted and unexpected event after another. Breaks from serious concerns never seem to last long. But that's how Uranus likes it. Planning is not part of the allowance. You make a plan and you better also make a "Plan B."

Bitcoin made a new post-crash high on our three-star CRD which was still in force on Monday August 23. It rallied above 50,000 for the first time since early May, when it started its collapse to under 30,000 by June 22. It couldn't hold the 50,000 mark and began a pullback of nearly 10%

Perspective. It is something that is often missing during a hard aspect between Mars and Neptune. And that is what is looming ahead on Thursday, September 2, followed by Venus square Pluto on September 6. These two geocosmic signatures not only have a strong correspondence to market reversals (especially in energy, currency, and interest-rate related markets), but they also provide insight into what is happening in the world today, and what we might continue to see this week.

Mars in Virgo in opposition to Neptune in Pisces... both Neptune and mutable signs can also seem very confused and unclear as multiple crises erupt at once, and there is no easy resolution to the several uncertainties that hover over the moment...
The vision of what should have happened blows up in smoke (perfect symbol
for Mars/Neptune) and other people get hurt and angry. They demand your resignation for lack of strategy and foresight... Together, they provide conflicting narratives as to what is really true and what the right course of action should be now.
Not only is this combination potentially dangerous, but it hasn't even reached its full comic potential yet. The opposition isn't exact until Thursday, meaning it is still an "applying" aspect. It's only growing stronger, which is to say the main actors are losing control, and the demands for a burning at the stake
aren't likely to subside over the weekend. In other words, this combination can be highly irrational (Neptune), and a balanced perspective of what happened and what must be done (Mars) is lacking. In the meantime, the threat to human lives could escalate this week as we approach both the August 31 deadline for withdrawal and the September 2 peak of the Mars/Neptune opposition activating the USA natal Mars/Neptune square. Any disappointments (Neptune and squares) could be reflected in world stock indices going into this period, or shortly thereafter.

The second major aspect looming ahead is Venus in Libra square Pluto in Capricorn is likely to affect the status of the U.S. Dollar... (and cryptocurrencies: personal note)

Ray Merriman's weekly column 2021-08-30
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Ouranos



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Posted: Sat Sep 11, 2021 2:40 am    Post subject: Reply with quote

Black Monday
"Now there is concern about another possible "Black Monday." This relates to the observation that when the U.S. stock market falls all week, the Monday of the next week is sometimes very severe. This goes back to the stock market crash of October 19, 1987, when - according to Investopedia.com - "Black Monday occurred on Oct. 19, 1987, when the Dow Jones Industrial Average (DJIA) lost almost 22% in a single day. The event marked the beginning of a global stock market decline, and Black Monday became one of the most notorious days in financial history."

Saturn/Uranus selloff ?
...This may be the start of the Saturn/Uranus selloff many financial astrologers have been expecting, and which history shows it tends to happen before the third and final passage takes place. In this case, the final pass will be on December 24, 2021.

Uneven market
...It is an uneven global market situation. China and Japan are exploding higher. The rest of the world's stock indices are imploding and falling.
India's Nifty may be an exception as it made a new all-time high early last week but started to drift lower, but not to any serious extent yet.

Bitcoin and Crude Oil
...Bitcoin and Crude Oil. Bitcoin made a new cycle high of 52,948 on September 7 and then fell hard the same day, as El Salvador attempted to issue a new national cryptocurrency that failed miserably on its initial launch. Ethereum had peaked the week before, on September 3, for a case of intermarket bearish divergence there, too. Crude Oil also peaked the week before,on September 2, but still within one day of the September 3-7

Upcoming Sun/Neptune opposition and Venus/Saturn square
...For this week there are two important geocosmic signatures. The first is the Sun/Neptune opposition on Tuesday, September 14, followed by the Venus/Saturn waning square of Friday, September 17. Both are Level 1 types, which have the highest correlation to primary cycles within an orb of 13 trading days. The Sun/Neptune generally coincides with a period when world leaders make questionable decisions that lead to great confusion.
We just discussed what that might be, in regard to the plan to force companies to have their employees get vaccinated and/or tested every week. It can also coincide with euphoria or panic in financial markets. The second aspect - the Venus/Saturn square - often coincides with an excellent buying opportunity. Any market that declines into this aspect is a candidate for a decent rally to follow.

Venus in Scorpio and Mars in Libra
...Venus will enter Scorpio (September 10-October 7) and Mars Libra (September 15-October 30). It is interesting that each planet will be in the other planet's sign of detriment.
That's a problem of cosmic meaning. Mars wants to do something, but Libra can't decide how to do it without a fight. Venus in Scorpio wants to get even and reveal the truth and the whole truth but knows that to do so would create more problems than solutions, so it's a conflict between loyalty to the clan or telling the truth that will not set anyone free in the end. The truth will only bring about retribution and revenge from those who might be exposed by it. So, once again, truth may be compromised for peace, or peace may be compromised for truth. The idea, of course, is to figure out a way to tell be honest in a diplomatic manner and maintain equanimity.

Ray Merriman's weekly column 2021-09-11
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WooWoo



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Posted: Sat Sep 11, 2021 9:19 am    Post subject: Reply with quote

People should be watching very carefully how the Cryptos are reacting to a bit of Fear.

I'd imagine they too are riding a Wave of Credit, and that will evaporate when the Pull Back comes.

However, once the Dump has happened, in December, I think some Cryptos will be on my Shopping List.

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Ouranos



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Posted: Sat Sep 11, 2021 9:33 am    Post subject: Reply with quote

WooWoo

The Venus/Saturn square may signal a level of resistance for the cryptos as Venus has to do with currencies.
As well as these dates
Sept 23rd (Venus opposition Uranus)
Dec 22nd. (Venus turning R in the previous days conjunct Pluto in Capricorn)

Any dump on these dates can be a good buying opportunity.
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Ouranos



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Posted: Tue Sep 14, 2021 12:11 pm    Post subject: Reply with quote

El Salvador has exceeded 500,000 users of the digital bitcoin wallet "Chivo" and installed dedicated terminals in new cities in the United States, announced Salvadoran President Nayib Bukele
"Currently we have more than half a million users" of "Chivo", welcomed President Bukele on Twitter, a week after the introduction of bitcoin as legal tender, alongside the dollar which replaced the national currency, the colon, twenty years ago.

The “Chivo Wallet” digital wallet, which only Salvadoran ID holders can use, can be downloaded to a smartphone. The equivalent of $ 30 welcome is offered to users.

It is also accessible at terminals called "Point Chivo", installed by the authorities, which allow operations to be carried out in both currencies and, above all, to change the cryptocurrency into greenbacks.

According to the Salvadoran president, the 200 stations installed in the country "work perfectly", just like the 50 stations activated in the United States in San Francisco, Doral (Florida), Atlanta, Chicago, and Houston, Dallas, El Paso (Texas) , Laredo (Texas) and McAllen (Texas).

"In the United States, 'Chivo' terminals are installed where the law allows," said President Bukele.
The use of the digital wallet makes it possible to make transfers to bank accounts, without having to pay fees or commissions. These remittances from abroad, especially by the diaspora established in the United States, represent 22% of El Salvador's GDP.

The "technical errors encountered" by the "Chivo" are corrected to 95% , indicated President Bukele, assuring that in the coming days the system would work fully, and also noting that the number of businesses accepting bitcoin transactions was increasing every day.

The entry into force of cryptocurrency in El Salvador, the first in the world, was marked last Tuesday by technical download problems, losing 17% of its value.

France Media Agency
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Ouranos



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Posted: Sat Sep 18, 2021 2:35 am    Post subject: Reply with quote

The main geocosmic factor underway now is the T-square with Venus to the Saturn/Uranus square, in fixed signs. Venus is in Scorpio through October 7, the same day that the Sun will conjoin Mars in Libra, the ruling sign of Venus. This is a complex setup, with Venus in Scorpio, its detriment, and Mars in Libra, its detriment. Venus is money and credit, whereas Scorpio is debt and concern about new taxes, both of which generate worries about the future health of the economy. Mars in Libra is a time when everyone argues that no one wants to agree to anything. It's like a quarrelsome household.

When the Sun catches up to Mars on October 7-8, the intensity of the need for agreement is high. But everyone wants to blame someone else for the failure to agree. The Democrats can't agree on the next stimulus plan, and the Republicans disagree that any additional spending is even necessary. And during all this time, the clock ticks closer and closer to the final hour when the debt ceiling must be raised lest the U.S. defaults on its financial obligations to others and eventually the government must shut down. Does anyone think they will come to an agreement before this happens? Under Mercury retrograde in the indecisive sign of Libra (September 27-October 18 )?

Several important planetary aspects are now in effect, and many difficult issues confront world governmental and economic/banking leaders. What will they do? With Mercury about to go retrograde in Libra and the Sun/Mars conjunct in Libra, and Libra always trying to find the middle ground and thus appearing to be indecisive, I don't know. And unfortunately, neither do they or anyone else. I suspect what we will see is a lot of dithering and blaming of others the closer the deadlines for action and decisions approach for each of these matters. It will, however, be an excellent period for the talking heads of opinion shows and columns. Everyone has an opinion under these signatures. But few have solutions or the power and courage to make the necessary decisions, because whatever decision is made, there is apt to be a criticism without an accompanying solution. Libran energies can be very diplomatic and supportive when positive. But they don't like criticism, and yet they can be very sharp in issuing it.
And so, as everyone dithers, stock markets wither.

Ray Merriman's weekly column 2021-09-20
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Ouranos



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Posted: Sat Sep 25, 2021 12:32 am    Post subject: Reply with quote

A notice from the People's Bank of China on Friday complained Bitcoin, Ethereum and other digital currencies disrupt the financial system and are used in money laundering and other crimes. "Virtual currency derivative transactions are all illegal financial activities and are strictly prohibited," the People's Bank of China said on its website. Lucas Manfredi, "Bitcoin, Ethereum, XRP Tumble on China Crackdown," www.foxbusiness.com, September 24, 2021.

What a turnaround! And it occurred right in the middle of the Venus T-square to the Saturn/Uranus square, which took place September 17-23. In astrological parlance, this is known as the "Venus translation" of the Saturn/Uranus waning square.

... when transiting Sun, Venus, or Mars make a hard aspect to the Saturn/Uranus square, financial markets are prone to sudden and sharp moves. This time was no different as world stock indices, precious metals, treasuries, currencies, and cryptos all made sudden reversals and sharp moves last week, coincident with announcements from leaders of world governments and central banks, and surprising turns of fortunes for some companies like Evergrande.

However, there are even more powerful cosmic developments unfolding that can correspond to a major impact on financial markets. For one, the potent Sun/Mars conjunction takes place on October 7-8, just one day after the new moon in Libra and Pluto turns direct on October 6. As noted before, the Sun/Mars synodic cycle often correlates with large price declines in world stock indices if a high forms within 8 degrees.
That time band has been in force since September 13 and will last through the end of October.

Ray Merriman's weekly column 2021-09-27
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Ouranos



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Posted: Sat Oct 02, 2021 12:10 pm    Post subject: Reply with quote

World equity markets started out strong last week, rising nicely off their lows of September 20. But then Mercury the Trickster turned retrograde on Monday, September 27, and the decline that had started from all-time and multi-year highs in August and early September resumed until late this past week...
With Mercury retrograde until October 18, there is reason to doubt anything sustainable will be done 'soon'.

One of the reasons metals (and T-Notes) fell so hard is because the Dollar rose so strongly on the increasing concern that the Fed will soon start to taper. As stated before, we do not see that happening until after Jupiter re-enters Pisces and separates from its positive aspects to the Fed's Sun/Pluto opposition.
That won't be before mid-January.

Interestingly enough, even as the Dollar rallied, so did Bitcoin and Ethereum. After dropping to their major cycle lows on September 22, both cryptos soared over 20% into Friday's high. Our crypto clients are quite happy as our awesome streak in Bitcoin and Ethereum continues this year.

Let's start with the 25-month Sun/Mars synodic cycle, which takes place on October 8 in mid-Libra. Our studies have shown that this conjunction has a fairly strong correlation to large reversals within 8 days. These reversals can begin or end in this time band. The current Sun/Mars conjunction period began with market highs around September 13 (some started from highs in mid-August) and ends on November 1.
Historically, many stock indices have plunged 8-20% when a high forms slightly before or during this time frame. Most world indices have declined 5-7% so far, except the Zurich SMI, which has already met this minimum price decline target, having fallen close to 9% from its recent high on August 18. This is why we think stock indices might still have further to fall this month.

The Sun and Mars in Libra is not a strong placement astrologically. Mars is in its detriment in Libra. However, one day before the Sun/Mars conjunction, Venus will enter Sagittarius for one month (starting October Cool. Venus in Sagittarius has a positive correlation to stock prices, so it would not be surprising if stock indices find a low nearby. Adding to the possibility of a reversal this week is Pluto changing directions on October 6, the same day as the new moon, with the midpoint of Mercury retrograde on October 7-8. These are all important market timing indicators. just as strong as the geocosmic indicators of a reversal mentioned above is Saturn turning stationary direct on October 11. This is a powerful Level 1 geocosmic signature that has a 70% correlation to primary or greater cycles within 9 trading days. The psychological theme of a highlighted Saturn is caution and
defensiveness. A sense of worry and anxiety about the future often prevails within a few days of this cosmic event.
All those retrogrades. It is time to review, revise, and start over again.

Ray Merriman's weekly column 2021-10-04
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Ouranos



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Posted: Sat Oct 09, 2021 1:58 am    Post subject: Reply with quote

Bitcoin exploded again, reaching 56,141 on Friday, and starting to make a challenge to its all-time highs around 65,000. Just three months ago it was making lows around 28,800, so that is a nearly 100% gain for the leader of the cryptos.

In the so-called "stable" currencies, the Euro fell to 1.1527 last week, again on October 6, its lowest point in over a year. However, this didn't seem to bother Gold and Silver, which on Friday were at their highest levels since their recent lows on September 29. Silver especially looks interesting now, following its yearly low of 21.41 less than two weeks ago.

I had an interesting experience this past week that I hadn't encountered since college. I had a "writer's block." Typically, I wake up in the morning with an idea of what I want to examine and/or write, and begin writing all day, or at least until it is time to write my daily report for subscribers after markets close.
But that wasn't happening the previous week or even last week. Nothing was coming to me. My research was not showing anything that I would call "insightful," or "attention-getting" about 2022 It was dull; I was dull. I was also getting a little anxious because there were only so many days available to write the Forecast 2022 Book and they were passing with nothing to show.

So, I thought I would change it up a bit. Instead of waking early in the morning, I started writing late at night. Voila! There it was! Suddenly I found myself to be a late night writer, and ideas and insights began to flow. "What is this about?" I asked myself. Maybe it's Mercury retrograde. After all, Mercury is my ruling planet, the planet that rules writing, and it is located in my third house of writing. Maybe it's not just market trends that reverse under retrograde planets like Mercury. Maybe it is ordinary daily routines that get disrupted too.

Now, when you think of blocks in life, like a "writer's block," you tend to associate this with Saturn. And so it is not surprising that the next powerful Level 1 geocosmic signature unfolding will be Saturn stationary, turning direct on Monday, October 11. It is a Level 1 (strongest) signature because it has a very high correspondence (70%) to primary or greater cycles in U.S. stock markets within nine trading days. The low of last Wednesday in several world stock indices may be a primary cycle trough or a retest of one, as it would be only three trading days before Saturn turns stationary. Saturn's theme is to depress, contract, hold down. It rules walls. Maybe it rules writer's blocks, too. After all, this Saturn stationary takes place in my fifth house of creativity, and it just happens to be in an exact opposition to my natal Saturn in Leo.

It is so easy to blame Mercury retrograde and the Trickster for anything that goes wrong. And yes, my computer and essential software programs were on the blink last week too, not to mention my doorbell stopped working and the battery to the key lock in my automobile went dead.

Oh, lord. I am so glad I can now recognize Saturn is going stationary this Monday. I can quit blaming Mercury retrograde for all my writers block and turning me from a morning person back into an evening person. It makes me feel like I am in college again. But wait: isn't Saturn supposed to make you feel old?
Maybe that's just another case of Mercury retrograde reversing reality from what we would normally expect into something totally different.

As far as next week and markets go, Saturn is not the only planet changing direction within a week of October 11. Pluto ended its retrograde motion on October 6. And on October 18, both Mercury and Jupiter will cease their retrograde motions. That's four planets reversing their retrograde motions to direct within one week of October 11. That's huge and rare! It would be no wonder if financial markets reversed their trends too. And since geocosmics reflect changes in human activity, the cause of all this is likely to be a change in the focus of the collective. What seemed important before (i.e., debt ceiling, government shutdown, increasing cases of the Delta variant), may transition into something else, and with that comes new trends in both thought and market behavior.

Ray Merriman's weekly column 2021-10-11
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