May 1st (UTC timezone) - bearish influence from Venus for #BTC exact around 6:00 PM UTC, active the whole day. Hopefully we got rid of some of this influence on April 30th already! Turbulent days ahead! At market level, bearish influence from Venus, in square to Pluto showing some regulation hurdle in regards to crypto, most likely posing resistance, aspect exact at 4:00 AM UTC and active the whole day. During the day, Moon aspects are bearish at noon and show a recovery/increase temporarily around 9:00 PM UTC. Moon is in Shravana, a strong nakshatra for the Moon, showing that volatile movement is likely. Market level red fire next day May 2nd in AM hours, which could manifest on May 1st already. #btc #financialastrology #crypto
People seem to forget that we're trading way ahead of any levels we'd previously be at, during a similar time in the cycle.
We've never hit all time highs or even close to it prior to the halving.
Of course we got a perfectly reasonable argument as of why in this case, which are the ETFs in my opinion.
Yet, a few weeks of slowing down makes people think it's all over already.
For reference, comparing similar times within the cycles: - In 2020 $BTC Traded at -65% from the previous cycle's highs. - In 2016, $BTC traded -70% from the previous cycle's highs.
Even if #Bitcoin were to go down to let's say $50K (which I'm not even counting on at this point), it would still be way ahead of where we traded in the previous 2 cycles.