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
China and Japan is the greatest influence on bitcoin, that is why when since China started to banned bitcoin it started to dropped its price real bad because they have a huge numbers of bitcoin traders in their country. Unlike Japan it only has low numbers of bitcoin traders even they started to legalized bitcoin.