xrp

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.

Is the market over-reacting?

The market isn’t done with the crash. The hashwars are still, of course, continuing - making a mockery of the market itself. But, is the market over-reacting?

The answer is wholeheartedly, yes.

Despite the very real drops in the value of Bitcoin and virtually all alt coins, Bitcoin fundamentals have never been stronger with it’s infrastructure still growing at a healthy rate.

Take the lightning network for example, this has increased its capacity by almost 200% in the last 4 months.

Ethereum are also working on their next project “Ethereum 2.0” - with talks of this being a completely new Blockchain, it boasts to be much more complex in it’s creation to withstand everything it struggled with in the past.

Last year, we had big dips before the bull-run that many weren’t ready for. Now, fundamentally, everything is much stronger. With confirmed Swiss ETF’s, upcoming BAKKT and VanEck ETF in the United States plus other fundamentally strong news, we are in a good position.

For the moment, we are dealing with negative market sentiment and hype, but all signs are pointing toward positive market movements in the near future. We will move up (BTC to around 5000) before another drop below, breaking down to the bottom (potentially around the 3000 level for BTC). This is happening extremely quickly, which should lead to a quicker recovery, as we bounce hard up once the market is ready.

Stay strong and do your research! This won’t last forever.

Ripple: Watch it break $2.70 USD - ATH

Ripple is about to prove it's worth, seriously. We have been predicting a giant Bitcoin and Alt Coin run beginning late November 2017 and well into December 2017 for a long time now - but keep an eye on Ripple.

The price is fairly stable, although it is pointing downwards, but we can see in the graph (below) the stabilisation around the 4600 Satoshi level. That's great, now is the time to BUY BUY BUY. Ripple has a great network and partnerships, so watch it fly within the next few months.

What we will be doing:

Buying Ripple and tripling our current Ripple portfolio. We will sell when it peaks over $2.50 USD towards the very end of December 2017 and very early January 2018. 

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