The first such event (1493-1494) occurred following Spain's Alhambra Decree (Jan. 1492) which forced the Jews to leave Spain during the Spanish Inquisition. The second time it happened was following Israel's declaring itself a state on May 14, 1948. The Blood Moons occurred while Israel was fighting to protect its new nation (1949-1950). The third time they fell on Passover and Tabernacles two years in a row (1967-1968), coincided with Israel's capture of Jerusalem during the Six Day War (June, 1967).
There has been much speculation as to what great event involving Israel will be marked by this fourth occurrence. Many born again believers see it as marking the signing of the seven year covenant with the man whom they will come to recognize as the Antichrist three and a half years later (Dan. 9:27; Mt. 24:15; Rev. 12 - 13). Our reasoning for believing it might be the significant event marked by the Blood Moons, has to do with the wide-spread belief that we are in the last days as described in the Bible. Anyone who has read the Bible and has been watching the news, knows time is short.
Before the seven year period, known as the Tribulation (Mt. 24:3-29), the Time of Jacob's Trouble (Jer. 30:7), and Daniel's Seventieth Week (Dan. 9:27) can begin, the Church Age must end with the Rapture. This catching away of born again believers to meet Christ in the air (Jn. 14:1-3; 1 Cor. 15:49-52; 1 Thes. 4:13-18), occurs some time prior to the Tribulation (the Church is not appointed to experience the wrath of God on the earth - 1 Thes. 5:9). In addition, there is evidence to this in the Book of Revelation, which describes the Church Age in chapters two and three, and then the Church is not mentioned once in chapters six through eighteen (the chapters describing the Tribulation).
Joel 2:30-32, and Acts 2:19-21 describe the signs in the heavens which serve to mark a significant event at the end of the Age. Genesis 1:14 says, "And God said, Let there be lights in the firmament of the heaven to divide the day from the night; and let them be for signs, and for seasons, and for days, and years." Oh yes, did I mention that during the next occurrence of the Blood Moons, there will also be a Solar eclipse on March 20, 2015? It will fall on the first day of Nisan, the Jewish New Year!
Blood Moons are signs in the heavens which mark Israel's trials and tribulations.
Those who trust in Jesus Christ will be in heaven when the signs occur again!