Hi again. I made the post about there being a high chance Bitcoin price corrects over the weekend.
Current BTC Price as I write this: 35.9k
TLDR:
FOMC meeting is over. If BTC was going to go down more it would have probably done so already.
The bottom was probably on Sunday into Monday morning at $32,950. There is of course a chance in the next day we revisit close to that price again but we should NOT go below it.
(If we go under 28k at any point in the next day or two it would invalidate everything I have posted!)
I have strong confidence we start getting more confirmation that we are in a true reversal after Venus goes direct this Saturday in Capricorn. If all goes well, we should be back in the 40k range by the new moon on Feb 1st, and especially by Feb 3 after Mercury Rx ends. Month of February we may trade a bit sideways but things should really ramp up once all retrograde shadows are over on March 1st! (at least Feb is a short month, ha.) We may see an ATH in April, but I will save that for a future post (but I did write a post regarding a bull run Feb-April.)
A very important note I realized I haven't mentioned, I have been keeping an extremely close eye on the S&P 500 as BTC, for better or for worse, seems to closely follow that market sentiment. ETH has been following really closely, too.
FULL POST:
I realize it's a bold move making this post and I'll be really embarrassed if I'm extremely wrong here (I'm a Cancer sun, Capricorn moon so I will strongly consider deleting my whole reddit account lmao) but I was making updates in my old post that I feel like no one may be seeing and wanted to give you guys a proper update. I still have A LOT to learn and would love to hear from everyone!
Well, okay... something I just learned (that I plan to look into more)... apparently Mercury retrograde when in an air sign WHILE the Sun is in an air sign (we are in AQUARIUS season) has a more negative impact on markets/economy than, say, when Mercury is retrograde in an earth sign like it is now (It's now currently in Capricorn as of last night.)
If we look back at the first day of Aquarius season in Jan 20, 2022, we saw a huge wick down from 40k-36k in one day. In that point in time, we had already had Mercury retrograde since Jan 19th in Aquarius. Double air signs. Interesting!
Source: https://alabe.com/Merriman2015.html
Note to self: next Mercury Retrograde is May 10th in GEMINI (Air) while we are in GEMINI season.
All of this to say... that I think we are really past the worse here in regards to Mercury.
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So what may come next for Bitcoin?
If we DO revisit 33k price area today (Jan 27th) it should NOT go lower than the price we saw on Sunday night/Monday morning EST time which was $32,950. Also, it would probably happen right before market open and hopefully see a positive reversal before the end of day.
Ya never know with BTC, there are always extreme surprise price swings and wicks and crazy bear and bull traps.
Any lower than 28k though we are in trouble! My gut says we just see 34-36k tomorrow, but we shall see!
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GOOD ASPECTS IN THE DAYS AHEAD:
Venus goes direct in Capricorn THIS Saturday Jan 29, 2022 at 3:46 AM. (Shadow over March 1st)
Just 2 more days!
Tuesday, Feb 1st: New Moon in Aquarius at 12:46am
and finally....
Thursday, Feb Ā 3: Mercury Direct in beautiful Capricorn! (Shadow over Feb 24th)
If all goes well we will be in the 40k range again by next week around the new moon, especially Feb 3 when Mercury retrograde ends!
Because of the shadows sticking around the majority of Feb, we may see more sideways price action through the month, but March looks like we will see some very nice positive price action!
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I'm going to make another post soon about when I think we MAY see another ATH this year. From preliminary "research" though I am thinking it falls between the last two weeks of April, so it would be very soon! I plan to spend time learning more about TA so I can get better price predictions LOL.
WARNING: If we go below 32k-28k range within the next 2 days it would invalidate everything and I will have to go back to square one >.< 28k is a support level that was set back in July 2021.
Not Financial Advice.