Quote from: suspiciously square on January 23, 2018, 04:58:23 PM

Quote from: Lopumbo on January 23, 2018, 04:31:30 PM

Quote from: d_eddie on January 23, 2018, 04:27:41 PM

11k broken. First sign of life or a passing illusion?

BTC dips (again) below 10k$...10min later...100M$ Tether printed...price rices unnaturally by ~10% within minutes...can't explain that

Don't you think that the South Korean government announcing it won't close the Korean bitcoin exchanges might have something to do with it? The price crashed when the South Korean government announced it was considering closing the Korean exchanges. Is it just coincidence the price is going up after it announced its changed its mind?

This is critical too. In a weeks time, new non-anonymous Bitcoin accounts with banking will be allowed. Tether isn't the only thing going on.

South Korea was never banning Bitcoin, only getting rid of the anonymity.

I have a feeling that, after this Friday, with CME shorts closed (and perhaps whales pumping BTC to prepare for another short), and the South Korean regulations clarified, that the BTC price will finally lift off for real.

That would be consistent with the historical charts, at least.