China market trend VS ROW: The determinant of market value
All described in detail in the chart:
China's 8 month bear market when combined with a clamp down on digital assets and other macroeconomic events have had a dominant negative effect on the value of crypto-currency assets globally. The effect is more pronounced on local currencies such as NEO and GAS.
However from July 2018 we see a bullish pattern developing in many other key markets:
-S&P 500
-Nikkei 225
-Dow Jones Industrial Average
-FTSE 100 Index
-US Technology Index
Generally a run in digital assets follows on from a run in the global markets as can be seen in H2-2017 when all markets discussed in this model were aligned and bullish.
For a similar run to take place analysts might wait for a loosening of China's regulation or some sort of resolve to the ongoing Fear Uncertainty & Disinformation FUD surrounding China and crypto-currency.
We are under the assumption that these negative conditions are temporary and that China are taking steps to regulate with the aim of finally adopting these technologies. We therefore see the current situation as an exceptionally good BUY opportunity with the possibility of phenomenal returns.
China's 8 month bear market when combined with a clamp down on digital assets and other macroeconomic events have had a dominant negative effect on the value of crypto-currency assets globally. The effect is more pronounced on local currencies such as NEO and GAS.
However from July 2018 we see a bullish pattern developing in many other key markets:
-S&P 500
-Nikkei 225
-Dow Jones Industrial Average
-FTSE 100 Index
-US Technology Index
Generally a run in digital assets follows on from a run in the global markets as can be seen in H2-2017 when all markets discussed in this model were aligned and bullish.
For a similar run to take place analysts might wait for a loosening of China's regulation or some sort of resolve to the ongoing Fear Uncertainty & Disinformation FUD surrounding China and crypto-currency.
We are under the assumption that these negative conditions are temporary and that China are taking steps to regulate with the aim of finally adopting these technologies. We therefore see the current situation as an exceptionally good BUY opportunity with the possibility of phenomenal returns.
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