nasdaq

TRADE WAR: Hodl

US President Donald Trump and his Chinese counterpart Xi Jinping have agreed to halt new trade tariffs for 90 days to allow for talks, the US says. Essentially, the massive macro-economic Trade War between the USA and China is currently in HODL phase.

At a post-G20 summit meeting in Buenos Aires, Mr Trump agreed not to boost tariffs on $200bn (£157bn) of Chinese goods from 10% to 25% on 1 January. China will buy a "very substantial" amount of agricultural, industrial and energy products, the US says. Meanwhile, Beijing says the two sides agreed to open up their markets.

BUT….How does this relate to Cryptocurrency?

Without going into boring economic detail, it means that the tension and stress in the wider economic market (between two superpowers - USA and China) are on the back-burner. So, the wider financial markets (traders, speculators, institutional investors) now:

  • Have the GREEN LIGHT to invest, trade and carry on as per normal

  • No current macro-economic risk of two world superpowers fighting with interest rates/inter-country trading and debt

  • Potential bearish scenarios which would play out due to a trade war are not front of mind, as both countries agreed to play this out safely

Essentially, Cryptocurrency Markets and wider traditional stock markets (ASX, Dow Jones, S&P Index, NASDAQ, etc.) are all free to trade without the fear of an inter-country Trade War ruining their day.

We’ve been calling it for months - a very BULLISH return to Crypto is on the near horizon and we will see a bullish return by the end of December 2018; Q1 2019 will be extremely Bullish.

Our PremiumProgram members have already been updated with WHAT trades to make and are in line to profit from the latest technical and fundamental analysis, performed on the current market.


As always, trade safe and ensure to keep your options open.

Morgan Stanley - BIG IN BITCOIN + New Tips!

BREAKING

This evening our technical team were involved with a private conference with investment group, Morgan Stanley.

Morgan Stanley have been sitting on the sidelines watching Bitcoin, alt-coins and the wider blockchain space. They have been monitoring with great interest, but yet to make any moves.

This is what we can confirm with certainty:

  1. We fully expect a bullish return by November this year. Bitcoin will make a new all time high. How much? We can’t confirm, however we fully expect it to triple in price. Our PremiumProgram members have already been informed of potential playout scenarios and are ready.

  2. Morgan Stanley will in 2018 go fully into Bitcoin, Crypto and Blockchain. They will accumulate massive amounts of Bitcoin (and other Crypto alt-coins).

  3. Morgan Stanley in 2018 will begin development of a O.T.C. Derivatives product, trading desk and ETF offering (potentially leveraging corporations like VanEck). The ETF piece, we expect Morgan Stanley to push forward in partnership with VanEck and have an ETF for Bitcoin approved in Q4 2018.

That is the latest we can comfortably share.

Our team have the best industry connections in the Financial space, so we will continue to keep working hard, ensuring you guys are all provided the best possible information.

Happy trading, keep positive, this is a new and growing space.

NOTE: When trading, always use stop-losses. We suggest a stop-loss setup for all trades, long and short. The markets are picking up pace so do not get caught out in case of a temporary dip, before a run.