Mercury in Retrograde: Can Astrology Predict Bitcoin Price Cycles?

Tony "The Bull" Severino

Last Updated: March 9, 2020 7:00 pm

3 mins read

bitcoin crypto astrology mercury retrograde direct

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Bitcoin can often be unpredictable. At times, it takes off on parabolic rallies for seemingly no reason at all, and other times, it could have every bullish factor at its back and still fall to new lows.

Analysts try to make rhyme and reason of this through fundamental and technical analysis. But could the key to understanding Bitcoin price cycles rest in the stars, the moon, and the planets above us?

Can Astrology Predict Bitcoin Price Cycles?

Before there were books, computers, the internet, and a wealth of knowledge and history to pull information from, the earliest thinkers looked to the stars, the sun, the moon, and the planets to try and make sense of it all.

The calendar was developed based on the orbit of the Earth, and its rotation controls what we know as time.

Everything in space is cyclical. Planets orbit the sun and rotate around the solar system. Comets even come and go every several years.

Could figuring out Bitcoin price cycles be as simple yet complicated as astrology?

Some of the greatest traders to ever live, such as the legendary W.D. Gann, regularly used astrology as part of their analysis and found extreme success using such methods.

A new-age crypto analyst who utilizes theories based on Gann’s early teachings has discovered an unusual correlation between Mercury in retrograde going “direct” and major Bitcoin price rallies.

When Mercury is in retrograde, it appears to be traveling backward through the night sky. This occurs just three times each year.

During these phases, “coincidences can be extraordinary.” The planet is said to rule communication, travel, contracts, automobiles, and the like.

It’s recommended that everyone should “wait until Mercury is direct again to make any final decisions.” This is because Mercury in retrograde tends to coincide with extremely negative situations.

Since Mercury first went into retrograde on February 16, Bitcoin has collapsed by 25%, the stock market saw the worst drop since the last recession, and coronavirus fears have spun completely out of control.

Interestingly, travel is indeed impacted, which isn’t surprising considering the aspects of life that Mercury is said to govern.

Tomorrow, Mercury goes direct once again, and it could cause a major rally in Bitcoin as investors naturally are ready to make their “decision” about the cryptocurrency’s future.

Will Crypto Rally When Mercury Goes From Retrograde to Direct?

According to the crypto analyst who includes astrology in their analysis, Bitcoin is highly likely to rally from here. And a chart depicting the price action after each time Mercury goes direct certainly appears to back up this theory.

#BTC 🤔
Mercury Retrograde goes Direct tomorrow!
Follow the green arrows and don't mind the price, my chart hasn't updated, green arrows point to Mercury going Direct all other times, notice the price action that follows.#GANN #ASTRO #BTC pic.twitter.com/Vbf4fiZwsX

— ~ TheGANNMan! ~ (@CrypDoMillions) March 9, 2020

Each time Mercury goes direct after being in retrograde, Bitcoin tends to rally, as indicated by each green, left-facing arrow.

Even Bitcoin’s 2019 parabolic rally was the result of Mercury going direct following its period of retrograde.

The evidence certainly appears to suggest there’s credence to the theory, but could it all just be a coincidence? Astrology is very subjective and a study that most folks are rightfully skeptical of.

Because the analysis is based on such an unusual and out there theory, its best to take with a grain of salt.

For those that believe, the next times Mercury goes into retrograde are fro June 18 to July 12, and from October 14 to November 3.

Tony "The Bull" Severino

Tony "The Bull" Severino, CMT, is a distinguished figure in the cryptocurrency analysis sector, renowned for his in-depth technical expertise and innovative approach to market trends. As the Head of Research at NewsBTC, Tony leads a team dedicated to providing cutting-edge insights and forecasts, helping both novice and experienced traders navigate the complexities of the crypto market.
A seasoned Chartered Market Technician, Tony's prowess in identifying and capitalizing on market patterns is unmatched. His academic and professional journey in market analysis has firmly established him as a leading authority in technical trading strategies. Tony’s approach is heavily influenced by the principles of Elliott Wave Theory, a method known for its rigorous assessment of investor psychology and price movements.

Beyond his role at NewsBTC, Tony is the visionary founder of CoinChartist.io, an educational platform aimed at demystifying the nuances of cryptocurrency trading. CoinChartist.io serves as a valuable resource for traders seeking to enhance their technical analysis skills. The platform offers a range of learning tools and resources designed to empower traders with the knowledge to make informed trading decisions.

In addition to his educational initiatives, Tony is a prolific author and a dominant voice in the crypto community. He writes the CoinChartist VIP newsletter, a weekly dispatch that has become a staple among crypto enthusiasts, revered for its insightful analysis and actionable trading advice. This newsletter has consistently ranked as a best-seller on SubStack, boasting thousands of subscribers who rely on Tony’s expertise to guide their trading strategies.

Tony is also celebrated for his literary contributions to the field. He is the author of the highest-rated Crypto Trading Journal on Amazon.com, a testament to his ability to communicate complex trading concepts in an accessible manner. This journal is widely regarded as an essential tool for traders aiming to track their progress and refine their strategies.

Before his ascent in the financial analysis world, Tony honed his skills in journalism. His background in this field has endowed him with a unique ability to present intricate market dynamics in a clear and compelling manner, making his insights highly sought after by a broad audience that ranges from casual readers to professional traders.
His professional affiliations underscore his commitment to excellence and continuous learning. As a partner of Elliott Wave International and TradingView, Tony collaborates with other leading experts to enhance his knowledge and skills. His active membership in the CMT Association further aligns him with the highest standards of industry practices and ethics.

Tony’s nickname, "The Bull," aptly reflects his aggressive and optimistic outlook on the cryptocurrency markets. His forecasts often anticipate significant upturns, earning him a reputation for bullish predictions that have frequently led to lucrative outcomes for those who follow his advice.

In summary, Tony "The Bull" Severino, CMT, is more than just a technical analyst; he is a mentor, educator, and innovator whose influence in the cryptocurrency space continues to grow. His dedication to advancing the understanding of market forces and his commitment to providing high-quality, reliable analysis make him a pivotal figure in the world of cryptocurrency trading.