There is no BAN in India.

To be clear, the government has expressed concern over investors getting ripped off, also India has a big terrorism problem which can potentially be funded through bitcoin, so the government is right to worry.

Especially if there are cash for bitcoin transactions happening.

The correction in bitcoin however may not be over just yet, things look weak sentiment wise and there may be another dip coming.

RSI has turned to around 30 which is a good indicator that bears are tiring now, but the future is wide open as always!.

best to everyone.