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#New post: [[Daily Discussion] Monday, January 29, 2018 →](https://www.reddit.com/r/BitcoinMarkets/comments/7tpp58/daily_discussion_monday_january_29_2018/)
😊
It’s not a bad thing to tough the previous resistance that turned support, before possibly attacking 12000 again. I just wouldn’t want to see it fall below 11300.
Honest question, how many people have a considerable amount of their stack sitting in USDT? If you don’t, what do you trade into when you’re sitting out of the market?
Decent weekend hold. Low volume, cant tell if bears or bulls are tiring.
Come on big red candle…. you can do it.
$2 Segwit transaction with a $0.20 fee that got confirmed in 10 mins
https://blockchain.info/address/12UAFFxoAyDnJX8af3NmhChp8Joh6hH78Z
Lol guise, Segwit was a hardfork. The lulz.
Never a dull moment.
On a more serious note, it is actually pretty amazing for each day we just linger around here.
GDAX.. killing me bruh!
GDAX and Bitfinex both drop, Bitfinex starts to climb, GDAX sits still. Nice.
How does the triangle look ?
I get the sense there is a lot of stop loss and liquidation hunting. We have moves where a huge drop seems imminent, and suddenly the price climbs. We were gradually moving up, then a sudden massive sell. This chop seems impossible to trade.
Uh OK. I get that. But price has crashed in the last two hours after being relatively stable again. So is there some news just broken out. I was trying to sleep but failed so checked back in…..
Does anyone know what’s happening!?
Kinda interesting when it [lines up just right](https://www.tradingview.com/x/DMXKiFP1/)…then again scaling is kinda arbitrary.
Longed it 11220
Think we will stop here, cause it was the previous horizontal line.
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God damn, someone was able to buy some delicious $10,600 XBTM18 contracts for an instant 20% ROI.
It happens every time you start to see many people complaining about the lack of action.
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I guess the Far East just opened.
looks like someone is trying to paint a H&S on the 1h. actually one of the closest I’ve seen in a while but still think it will fail to reverse.
hmm returning to the line to bounce off 11360? or 10700?
Bears clear your shit, thx
Maybe the gaps are about to tighten up between the exchanges hmmm? maybe volume will start going up. 240$ between gdax and bitfinex.
Guys, I am new… I just bought some like 20 min ago and now why it dropped so much all of sudden.. i am confused.
2.9 mil long liquidated on MEX lol
Any news causing this fat red candle?
Wow bitfinex orders are flying
the hell happened
Whats happening on gdax?
I’m sure you guys missed my posts, but I’ve been spending some of my crypto profits on some fun girls land travel lately. Don’t forget to take a break from the grind occasionally and enjoy the fruits of your labor.
And don’t forget how much women of all ages love money. You can have a lot of of fun out there..
But back on topic, I’m glad the market stabilized a bit, but still making me nervous. Just feels like waiting for the other shoe to drop. But that’s probably my personality more than the chart.
Korean exchanges reopening may hurt the market. People will realize the premium and interest was highly inflated by Chinese investors taking advantage of the lax KYC reqs.