Bitcoin update September 2022
The astrology of bitcoin in September 2022
Our next destination on our whistle stop tour of the world in September is not a country at all, it is digital. Yes Ladies and Gents and all those in between, we’re back to Bitcoin.
Bitcoin hit a low of around $18370 on 21st September so we’ll set our chart for that date. I’ve used 11pm BST as this is the closes to the low I can find in retrospect.
Well, what do you know? It’s our old friend Uranus again. Slap bang on the MC. Not of course for just this date but for much of the last few months. The fact that the transiting Mc is opposite it is no surprise but that happens once each day, we have to look for triggers for the date too.
We find it in the form of Venus. Transiting Venus on 21 September was at 20 Virgo conjunct the Bitcoin Saturn, opposite its Uranus, quincunx chiron, and approaching an quincunx to its Neptune and a trine to the Sun and progressed Mars ( the latter indicating that the price was going to pick up again over the next couple of days). Boom.
We could probably leave it at that. But let’s take a look at the bigger picture too.
The Uranus Saturn square will remain in place for a few more months and both will return to 18 degrees, Saturn in November and Uranus next May. It’s not over ( whatever you believe about the fundamentals ) until then. Saturn will transit Neptune and the Descendant in January 2022, which is unlikely to see much going on on the upside.
Transiting Neptune is currently near to a conjunction with progressed Venus, blinding us to the truth about value. It won’t move on until early 2023 either.
Pluto isn’t very busy in this chart at the moment though it will become very significant in the coming years.
One of the most important, though subtle, indicators is in the progressions though. An ongoing progressed Sun Jupiter conjunction which really started in 2017 and peaked in 2020-1 is waning. It gets a temporary boost (sextile from transiting Jupiter to Jupiter and conjunction between progressed Moon and natal Jupiter) in October and conjunction of progressed Moon around February but after that it is downhill all the way. I really don’t think the best is yet to come.
However Neptune will eventually, ( post 2026) make some useful aspects so who knows- it could have another flight of fancy then.
From a purely pragmatic perspective, Bitcoin is unlikely to become a global currency because its holdings are just is not decentralised enough ( of the irony!). Then one if left with whether its characteristics have value as an asset and that is a purely a faith based estimate. Over to you. I’ll stick with my portfolio of other assets.
OPTIMESIA
