It's time for more astrologic quackery!
Venus is our closest planetary neighbor besides the Moon and shines as one of the brightest “stars” in the sky.
Retrogrades are times when we review, reassess, and return to past situations related to whatever a planet rules.
Venus has to do with your passions and potential confusion in relationships.
Very cool.
So let's do some mental gymnastics to relate this seemingly unrelated thing to the crypto market. Because after all "technical analysis is just astrology for men", as they say. Might as well combine them amirite?
People, projects, plans, hobbies, and feelings from the past will return once again—and we are able to remember them to either decide to bring them back into our lives in the present or to release them once and for all.
Oh that's fun...
Because I've been dabbling with coding again.
It's been a long long time as well.
Maybe I'll "bring it back into my life" as it were.
As with all planetary retrogrades, when Venus is retrograde—or moving backwards from our perspective here on Earth—the things that she rules are up for evaluation. Thus, we tend to revisit situations around beauty, love, relationships, art, and even money.
OH MONEY YOU SAY!?!
Well, I like money.
Venus retrograde cycles take place once every eighteen months for about forty days.
They repeat in an eight-year interval, usually repeating in the same zodiac signs.
This was the part that piqued my interest higher.
Some random crystals-girl on the internet was talking about how this Venus retrograde is eerily similar to the one back in 2017. That's a fun little notion because a lot of the technical and fundamental analysis around Bitcoin has led people to speculate that we might get something like a 2017 runup.
2017 got something like an x20 from the baseline ($1k >> $20k). If we mark the baseline of this cycle at something like $58k an x20 brings us to a staggering $1.16M per BTC. This is a baseline that was set in January/February/March/April of 2017, so it's possible that this cycle's baseline is even higher than $58k which would become a fairly significant multiplier.
But how is the market looking today?
Quite bad, honestly. The short term does not look good! I was going to put in a short at $92500 last night because that's where one of my lines is on top of the MA(25)... I was even going to go hard like x100 leverage on something like a small $50 bet (borrowing $5000). Clearly this would have been a genius move in retrospect... I still need to respect my short game a little better while I get the hang of day trading. Until then it's all about catching the bottom, which I hope will be in the $72k-$78k range.
There's also a collective delusion going on right now on CT in which everyone seems to think that the crypto summit being held tomorrow is somehow magically bullish. As if it isn't the most obvious sell-the-news event ever ever ever ever. Again I'm not making any bets on it but I say tomorrow we nuke. Buy-the-news is not a thing. We are still very obviously trapped in a downtrend.
Speaking of retrogrades...
When is Mercury retrograde?
After all that is the big one related to technology and communications disruption.
Mercury Retrograde will begin once again on March 14, 2025, ending on April 6.
Oh shit... why is March 14th familiar?
What's the next full moon?
The next full moon will be on Friday, March 14, 2025
Damn... so when's the next bloodmoon eclipse?
A total lunar eclipse will take place on March 14, 2025
Bro... please stop.
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I shit you not the second I typed "Bro... please stop" I spilled a bunch of liquid all over this new $60 keyboard. After pulling out all the keys, dabbing it with paper towels, and then blasting it with a hairdryer it still magically works. I take it as a sign from the Crypto Gods that things are going to look quite bad before we realize that everything is totally fine. Do not fade the Goddess Moon my friends!
Conclusion!
I have rolled the bones, and the bones have spoken. We are so screwed on the short term. Degenerates on X actually believe that the crypto summit tomorrow is bullish. Where did that come from? The psychic vampire is in their heads whispering its lies. We are actively navigating a Venus retrograde, and both Mercury retrograde and a bloodmoon eclipse are on the 14th.
On the bright side, by the time SUNDAY (dump) April 13th rolls around and we have another full moon all these retrogrades will be gone and we'll be heading into "sell in May and go away" territory. The more we underperform now the better summer looks for a nice rally as we continue onward into the bull market year of the cycle. Don't forget that the parabolic phase only lasts a couple weeks. What happens now is largely irrelevant unless you're like me degen gambling on leverage.
Yep, we're pretty cooked, but then again if we nuke hard to something like $72k I'm going to go very very... very long. Maybe it will all work out. Ah! We'll be fine, somehow, just like my keyboard.