Bitcoin price in India is hitting all records and now the price is moving towards the level of Rs. 500000 and its the signal of price correction. I think the next few days are crucial and we should be ready for a crash.
In the bull run, the market captures positive news and ignores small negative news. When people starts selling to make profits, the prices goes down and every negative news are highlighted which can lead a crash.
Market Needs Crash There will be evemtually as it can't all be up evrytime. What goes up must and will go down and i think that will be the case though it's going to be more of a correction than crash. Bitcoin's garnered great support recently to even think of a crash anytime soon