Countries with large amounts of virtual currency transactions such as China, Japan, Korean and India with the increasing trend of many brands continuing to expand their payment operations in Bitcoin, this currency will rise to a peak of $ 20,000 in 2017.
However, recent bad news from Asian countries Bitcoin price is going down very fast. Yesterday bitcoin price continues to fall deep down to 8,200$ and possibly more.
In particular, China and India have a great influence on the BTC currency because the number of bitcoin traders is huge
These countries that named like India,Japan,Korea and China are the countries with most number of users of bitcoin,so anything news coming from these whether it's good or bad these will have an impact to bitcoin.These countries are great influenced for the progress and downfall of bitcoin.