InvestingSuccess

We will know in a matter of days if the SEC is going to approve a spot Bitcoin ETF.

The astrology of Bitcoin says that this is a prime time for something to happen. I have been watching BitCoin for some time now and I can tell you it behaves in accordance with human emotion, just like a stock on the stock market. As proof of this, take a look at the following chart:

From early 2019 through to mid-2021, BitCoin soared higher and in so doing made a big double top formation on the chart. Price then declined – but look where it stopped. It retraced a Fibonacci 78.6% of the runup. When ever a stock or commodity retraces this much, there is a 95% chance that a bottom is being recorded.

Here and now, BitCoin has clawed it way back, retracing 61.8% of the massive declines. If the SEC approves the ETF, look for a push higher to retrace 78.6% of the massive declines. This will bring $60,000 into focus.

If the SEC is going to embrace the ETF, the timing is otherwise perfect. For years now, I have noticed a correlation between price swing points on BitCoin and the declination of Venus. Why this is so, I cannot explain. Call it one of the mysteries of the cosmos.

Here and now, Venus is at its declination low. Something is going to happen with respect to price trend. Perhaps the SEC approves the ETF and price rockets upward. Perhaps the SEC postpones its decision and BitCoin tumbles.

What happens in the coming days is in the hands of Venus….