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@jfang003
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I have been waiting on regulation as I think it inevitable as more and more nations on this planet will find such stores of value that respect no border as more threat than asset

I think he hit the nail on the head as its the exact reason why they don't want BTC to go up.

reports swirl that India will move to not only ban cryptocurrencies, but allow current crypto-asset holders up to six months to liquidate, while actually criminalizing possession, issuance, and mining of cryptocurrencies moving forward.

Does the people in India have any update on the situation? It looks they want to limit crypto.

https://realmoney.thestreet.com/investing/the-week-that-was-upcoming-fomc-meeting-bitcoin-regulation-watching-amd-15594911

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