Bitcoin, why it can rise even with bad news from the West..

         Bitcoin is a global phenomenon, but it has not reach the world wide equilibrium.   For that to happen, people from different parts of the world should in some degree be able to pull the market one way or another. In the coming times, they would say we have 5-10% drop on Bitcoin and it is coming from Africa or South America.  Each region will have different percentage, but they can tell who is pulling it up or down.   I see things may come to place in these times, for that to happen in the future.  There been reports of some peculiar large buys, which I'm guessing is from the middle east.   This year of 2018, might just be a setup for the years to come. 

           News from the west is becoming less relevant, as the balance of power is spread across the world.  Knowledge such as news is power.  People who control it can and does put slants to favor them or their view.  Look all the different news outlets on youtube.  You will see most of news from different nations will try to favor their views of things. 

          Now going back to the report on hand.  When you here ill news, some buyers of different parts of the world may not even listen to western report or care.   They may buy as the price is low.   

           The fact is this still is a state of the art technology of logistics and efficiency in both field of science and economy.   In a way they are merging.  Will there not be financial facility that does not have blockchain code programmers in the future?  For now, this modern technology for those who use it can and will give them an edge over other nations.    

                         *Here's a possible.   As the price is low for Bitcoin, the previous large buyers around the world or even new buyers may come in now to lift the price of Bitcoin.  This is particularly the behavior of bitcoin, when many of the west say it's down and gone, it rises up.    My target is bitcoin to rise over or close to $7k before this month ends. 

 ** Disclaimer   This blog is based on my opinions.  I am not giving professional advice. Anything written here should be taken as an opinion and is the responsibility of the reader to take due diligence as such.  Basically saying I may be wrong, right or neither, just saying its my opinions and my voice.