Hi,

I had a few bitcoins that I had purchased in India. The value of bitcoin was way more when you compare it with USD. I would say the difference was around $500. The difference seems to be highly volatile as well. When I purchased the difference was bigger and when bitcoin reached record high above > $3000 and I checked the value it didn't reach the Indian record high or anywhere close to it. At that time the difference to USD was very small.

What could be the factors that drive the bitcoin prices away from global trends on a particular country?