Crypto price forecast for August 2022

August 2022
Excerpts from CareYourPresent – a crypto enthusiast

The accuracy of using Astrology and Metaphysics

“After 13th July, there should be a strong recovery for Bitcoin price till 28th July and thereafter, BTC will be dump again” I said this in my price forecast for BTC for July 2022. You can check it out here

It turns out to be very accurate. Hence, Google is your best friend in searching; Moon is your best friend in Crypto trading!

Using Astrology and Metaphysics to forecast crypto prices

I have shared previously that I use Metaphysics in investment for stocks and crypto and it has served me very well. It beats using technical analysis hands down. For trading, I use the Moon Phase Theory which I have mentioned before.

Look at the two charts below for ETH and SPX (symbolize the two major market, Crypto and US). I have posted the charts since 2021.

crypto price forecast

Moon phase theory

Image source: Tradingview

Black is Full Moon. White is New Moon. Bars between full and new moons are colored accordingly, as growing or waning.

Once you see a full moon (local bottom) then it will slowly fade and around 15-16 days later, you will see the moon round again. In astrology this is new moon (local top).

Let’s see if this time if it is accurate again. If you see the charts below, it is accurate for years. Eth has rallied over 70+% since the low of 880. Btc has rallied till 24000+ since 17000+. Many people say that ETH will rally till 2k whereas BTC will rally to 30k.

Image source: Tradingview

Crypto price forecast for August 2022

We are now at the White Moon, which mean is New Moon – LOCAL TOP. Based on this co-relationship of Moon VS Market (not causation relationship) using astrology, the crypto market will be going down next week. we will see if it is accurate next week.

Personally I am doing short term shorting to earn from this new moon using FTX. Let’s see if I can earn something.

Do note that Moon Phase Theory shows the local bottom whereas Eclipse sees major bottom (more downside will come after Oct 2022 eclipse, which coincide with bad world macro at 2nd part of the year 2022).

A wild ride for August and the remaining months for 2022

With regards to Chinese Metaphysics, I dare say that August is going to be a very volatile month as we could see major accidents that could happen around the world in the month of August.

Please stay safe everyone be it in investment or your personal life! There could also be major shortage to resources such as food/agriculture and energy etc.

For investments, I going to stick my neck out and forecast that stocks and crypto prices will be bad in August and till the end of the year. Prices will not recover till early next year.

This is in contrast to many gurus out there who said that stocks will recover in second half and crypto has broken the downtrend. As for crypto price forecast, it will be a downtrend for crypto prices in August. 

Please be safe and keep cash for the 2nd half of the year so that you can capture the marvelous opportunities that will be coming for you to generate your cross-generation wealth.

However, when the time come, you will need GUTs to whack. It won’t be easy to be brave to whack in your cash when the Crypto/Market keep dropping, but that’s where you earn the best risk reward ratio.

Definitely, you can’t pick the exact bottom, but when it is near bottom/reach very good price, do make your necessary purchases in order to HUAT!

Please keep this in mind and we shall revisit this page again end of the year to see who is accurate.

You can view CareYourPresent website here for more details.

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