So much for “run for the hills”...sky is falling in Bitcoin because of South Korea. But, do you note on this news there was no big price “pop”.
You may ask why? I think we have fully entered the land of the “hidden hand” and big money. Remember, these are the guys that print money and control the monetary affairs of the world. They will determine the “when”...and right now they prefer to have more Bitcoin “in their pockets — and out of yours” so when they jack Bitcoin to $30,000 they will have a nice “3-bagger” and more with their futures play.
And of course when it’s $30k they will take it down again and load up —- rinse and repeat throughout 2018....but all the time making higher highs and lower lows (meaning it goes up).
That is why we HODL....unless you are the “hidden hand”.