{"id":119236,"date":"2018-01-07T11:59:48","date_gmt":"2018-01-07T16:59:48","guid":{"rendered":"http:\/\/countingpips.com\/?p=119236"},"modified":"2018-06-01T15:46:47","modified_gmt":"2018-06-01T15:46:47","slug":"preparing-for-the-cryptocurrency-swan-event","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2018\/01\/preparing-for-the-cryptocurrency-swan-event\/","title":{"rendered":"Preparing for the Cryptocurrency Swan Event"},"content":{"rendered":"<div id=\"inves-612808629\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">January 7, 2018<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p><em><strong>By\u00a0<a href=\"https:\/\/www.thetechnicaltraders.com\/partners\/idevaffiliate.php?id=108&amp;url=http:\/\/www.thetechnicaltraders.com\/2018\/01\/05\/free-issue-of-tradersworld-magazine-courtesy-of-technical-traders-ltd\/\" target=\"_blank\" rel=\"noopener\">www.TheTechnicalTraders.com<\/a>\u00a0<\/strong><\/em><\/p>\n<p>Many people have speculated that Cryptocurrencies can go to $10k or higher.\u00a0 Recently, the Chinese government has stepped up policy to regulate and eliminate Crypto ICOs as a means of increased speculation and gray-market capital.\u00a0 Additionally, Jamie Dimon, of JP Morgan, stated that Bitcoin is a fraud and that it would \u201cblow up\u201d (<a href=\"http:\/\/www.msn.com\/en-my\/news\/other\/bitcoin-is-a-fraud-that-will-blow-up-says-jp-morgan-boss\/ar-AArR1lF\">http:\/\/www.msn.com\/en-my\/news\/other\/bitcoin-is-a-fraud-that-will-blow-up-says-jp-morgan-boss\/ar-AArR1lF<\/a>).\u00a0 What is the truth and what should investors expect in the future?\u00a0 Well, here is my opinion on this topic.<\/p>\n<p>Bitcoin is based on the BlockChain technology architecture.\u00a0 I believe this architecture will continue to be explored under the basis of an open, distributed ledger method of developing opportunities.\u00a0 This technology improvement will likely drive advancement in other sectors of the global market as security and accountability continue to increase.\u00a0 Yet, the growing pains of this technology will likely continue to drive some wild moves over the next few years.<\/p>\n<p>It has been reported that Cryptocurrencies fell $23 Billion in value since the peak.\u00a0 This would put the total valuation of the Crypto market at about $117 Billion near the same peak.\u00a0 Consider for a moment that the Bernie Madoff scandal was near $65 Billion total.\u00a0 Could a Cryptocurrency based \u201cSwan Event\u201d create chaos in the global markets?<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-25255 aligncenter\" src=\"http:\/\/www.thetechnicaltraders.com\/wp-content\/uploads\/2018\/01\/20170808_crypto1.jpg\" sizes=\"auto, (max-width: 644px) 100vw, 644px\" srcset=\"http:\/\/www.thetechnicaltraders.com\/wp-content\/uploads\/2018\/01\/20170808_crypto1.jpg 644w, http:\/\/www.thetechnicaltraders.com\/wp-content\/uploads\/2018\/01\/20170808_crypto1-300x225.jpg 300w\" alt=\"\" width=\"644\" height=\"484\" \/><\/p>\n<p>In comparison to more traditional investment instruments, the risk exposure of Cryptocurrencies seems somewhat limited.\u00a0 Yet consider this\u2026\u00a0 Many global firms jumped onto the Blockchain bandwagon within the last 12~24 months.\u00a0 This is not just individual investors any longer, this is most of the global financial market.<\/p>\n<h2>DATE TIMELINE OF FIRST INVESTMENT INTO CRYPTOCURRENCIES<\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-25254\" src=\"http:\/\/www.thetechnicaltraders.com\/wp-content\/uploads\/2018\/01\/2017.02.13-Blockchain-Financial-Services-Map-v2.png\" sizes=\"auto, (max-width: 916px) 100vw, 916px\" srcset=\"http:\/\/www.thetechnicaltraders.com\/wp-content\/uploads\/2018\/01\/2017.02.13-Blockchain-Financial-Services-Map-v2.png 916w, http:\/\/www.thetechnicaltraders.com\/wp-content\/uploads\/2018\/01\/2017.02.13-Blockchain-Financial-Services-Map-v2-300x209.png 300w, http:\/\/www.thetechnicaltraders.com\/wp-content\/uploads\/2018\/01\/2017.02.13-Blockchain-Financial-Services-Map-v2-768x536.png 768w\" alt=\"\" width=\"916\" height=\"639\" \/><\/p>\n<p>&nbsp;<\/p>\n<p>So, now our \u201cSwanEvent\u201d has a bit of depth in terms of risk exposure and breadth in terms of global market reach.\u00a0 What would an extended decline in Cryptocurrency valuations do to these firms and to the confidence in the Cryptocurrency market?<\/p><div id=\"inves-4097839550\" class=\"inves-in-content inves-entity-placement\"><hr style=\"border: 1px solid #ddd;\">\r\n<div id=\"inpost_ads_header\">\r\n<p style=\"font-size:10px; float:left; color:#666;\">Free Reports:<\/p><\/div>\r\n<div id=\"inpost_ads\"> \r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/1ApBOV\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2018\/06\/graph_techs_PD.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t     <a href=\"https:\/\/goo.gl\/1ApBOV\"><b><u>Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p><br><br>\r\n<br>\r\n<br>\r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/f3RrHX\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2019\/01\/cot_pie_80.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t    <a href=\"https:\/\/goo.gl\/f3RrHX\"><b><u>Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p><br><br>\r\n<\/div>\r\n<hr style=\"border: 1px solid #ddd;\">\r\n<br><\/div>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-25256\" src=\"http:\/\/www.thetechnicaltraders.com\/wp-content\/uploads\/2018\/01\/BITCOIN_2017_W_F.png\" sizes=\"auto, (max-width: 1094px) 100vw, 1094px\" srcset=\"http:\/\/www.thetechnicaltraders.com\/wp-content\/uploads\/2018\/01\/BITCOIN_2017_W_F.png 1094w, http:\/\/www.thetechnicaltraders.com\/wp-content\/uploads\/2018\/01\/BITCOIN_2017_W_F-300x157.png 300w, http:\/\/www.thetechnicaltraders.com\/wp-content\/uploads\/2018\/01\/BITCOIN_2017_W_F-768x402.png 768w, http:\/\/www.thetechnicaltraders.com\/wp-content\/uploads\/2018\/01\/BITCOIN_2017_W_F-1024x536.png 1024w\" alt=\"\" width=\"1094\" height=\"573\" \/><\/p>\n<p>Could a collapse \u201cSwan Event\u201d drive prices back to below $1000 (USD) or further?\u00a0 What would the outcome of such an event be like for the global markets?\u00a0 Would this type of move reflect into the global market as an advance or decline overall?\u00a0 And what would this mean to the bottom line of these financial firms that have invested capital, resources and client\u2019s capital into these markets?<\/p>\n<p>It is our believe that the global markets are, without a Cryptocurrency event, setting up for a potentially massive corrective move.\u00a0 The chart, below, clearly shows what we believe to be a Head-n-Shoulders pattern forming that will likely prompt a breakdown move near October 2017 or shortly thereafter.<\/p>\n<p>We believe this global market correction will prompt selling in weaker instruments and drive a massive \u201crip your face off\u201d rally in the metals.\u00a0 We believe this move has already started with the formation of the Head-n-Shoulders pattern in the US markets as well as the recent upside move in the metals.\u00a0 The Cryptocurrency \u201cSwan Event\u201d may be the catalyst event that is needed to put pressure on other market instruments (US and Global equities, RealEstate, Consumer confidence\/spending and Metals).<\/p>\n<h2>US CUSTOM INDEX (HEAD-N-SHOULDER FORMATION)<\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-25259\" src=\"http:\/\/www.thetechnicaltraders.com\/wp-content\/uploads\/2018\/01\/US_CustomIndx_W_F.png\" sizes=\"auto, (max-width: 1093px) 100vw, 1093px\" srcset=\"http:\/\/www.thetechnicaltraders.com\/wp-content\/uploads\/2018\/01\/US_CustomIndx_W_F.png 1093w, http:\/\/www.thetechnicaltraders.com\/wp-content\/uploads\/2018\/01\/US_CustomIndx_W_F-300x170.png 300w, http:\/\/www.thetechnicaltraders.com\/wp-content\/uploads\/2018\/01\/US_CustomIndx_W_F-768x436.png 768w, http:\/\/www.thetechnicaltraders.com\/wp-content\/uploads\/2018\/01\/US_CustomIndx_W_F-1024x581.png 1024w\" alt=\"\" width=\"1093\" height=\"620\" \/><\/p>\n<h2><\/h2>\n<h2>METALS : START OF RIP YOUR FACE OFF RALLY<\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-25257\" src=\"http:\/\/www.thetechnicaltraders.com\/wp-content\/uploads\/2018\/01\/Metals_Rip-Your-Face-Off_F.png\" sizes=\"auto, (max-width: 1223px) 100vw, 1223px\" srcset=\"http:\/\/www.thetechnicaltraders.com\/wp-content\/uploads\/2018\/01\/Metals_Rip-Your-Face-Off_F.png 1223w, http:\/\/www.thetechnicaltraders.com\/wp-content\/uploads\/2018\/01\/Metals_Rip-Your-Face-Off_F-300x169.png 300w, http:\/\/www.thetechnicaltraders.com\/wp-content\/uploads\/2018\/01\/Metals_Rip-Your-Face-Off_F-768x432.png 768w, http:\/\/www.thetechnicaltraders.com\/wp-content\/uploads\/2018\/01\/Metals_Rip-Your-Face-Off_F-1024x576.png 1024w\" alt=\"\" width=\"1223\" height=\"688\" \/><\/p>\n<p>&nbsp;<\/p>\n<h2>REAL ESTATE CORRECTION<\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-25258\" src=\"http:\/\/www.thetechnicaltraders.com\/wp-content\/uploads\/2018\/01\/RE_W_F.png\" sizes=\"auto, (max-width: 1092px) 100vw, 1092px\" srcset=\"http:\/\/www.thetechnicaltraders.com\/wp-content\/uploads\/2018\/01\/RE_W_F.png 1092w, http:\/\/www.thetechnicaltraders.com\/wp-content\/uploads\/2018\/01\/RE_W_F-300x157.png 300w, http:\/\/www.thetechnicaltraders.com\/wp-content\/uploads\/2018\/01\/RE_W_F-768x401.png 768w, http:\/\/www.thetechnicaltraders.com\/wp-content\/uploads\/2018\/01\/RE_W_F-1024x535.png 1024w\" alt=\"\" width=\"1092\" height=\"570\" \/><\/p>\n<p>Are you prepared for this move?\u00a0 Do you want to know what to expect and do you need help understanding these market dynamics?\u00a0 The markets are setting up for what could be one of the most explosive cycle event moves in nearly a decade and you need to be prepared.\u00a0 We offer our research to our clients at TheMarketTrendForecast.com for far less than you would imagine.\u00a0 For less than $3 per day, you can have access to our advanced research and analytics, market trend forecasts and more.\u00a0 We keep you informed with our timely updates and research to help you understand how these markets are moving, where to find opportunities and how to protect your investments.<\/p>\n<p>Our research team has over 30 years experience in the markets and have been trained by some of the best technicians that ever lived.\u00a0 Isn\u2019t it time you invested in a team of dedicated market analysts that can help you protect your assets and find opportunities for an unbelievable subscription rate?<\/p>\n<p>When you join, we\u2019ll send your our Guide to understanding trading PDF booklet to help you understand our advanced analysis techniques and adaptive learning strategies.\u00a0 These are all part of our commitment to providing you the best analysis, research and understanding of the market\u2019s dynamics as well as making sure you understand what we are delivering to you each week.<\/p>\n<p>Don\u2019t miss this next big move (\u201cSwan Event\u201d).\u00a0 Timing is everything.<\/p>\n<p>Visit\u00a0<a href=\"https:\/\/www.thetechnicaltraders.com\/partners\/idevaffiliate.php?id=108&amp;url=http:\/\/www.thetechnicaltraders.com\/2018\/01\/05\/free-issue-of-tradersworld-magazine-courtesy-of-technical-traders-ltd\/\" target=\"_blank\" rel=\"noopener\">www.TheTechnicalTraders.com<\/a>\u00a0to see what we are offering you.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By\u00a0www.TheTechnicalTraders.com\u00a0 Many people have speculated that Cryptocurrencies can go to $10k or higher.\u00a0 Recently, the Chinese government has stepped up policy to regulate and eliminate Crypto ICOs as a means of increased speculation and gray-market capital.\u00a0 Additionally, Jamie Dimon, of JP Morgan, stated that Bitcoin is a fraud and that it would \u201cblow up\u201d (http:\/\/www.msn.com\/en-my\/news\/other\/bitcoin-is-a-fraud-that-will-blow-up-says-jp-morgan-boss\/ar-AArR1lF).\u00a0 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-119236","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/119236","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=119236"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/119236\/revisions"}],"predecessor-version":[{"id":127294,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/119236\/revisions\/127294"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=119236"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=119236"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=119236"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}