This is a good example showing that Bitcoin price move is not a US lead phenomenon its a south east Asia that is making the price fluctuate and in 2016 China represented 90% of the trades,but after there band regarding (ICO) initial coin offering and shutting down exchanges. Japan started embarrassing Bitcoin going so gar to make it legal tender and as a form of payment. Japan now accounts for 50% of the Bitcoin trades and the US about 25%. As the world comes online to accepting Bitcoin the price will have to rise because there are only 21 million coins. If you want to learn more about Bitcoin please watch Magic Money below this will give you a foundation of Bitcoin.