Bitcoin got banned in India and China so Bitcoin is worthless in these 2 countries. People of India will lose $10,000 or $100,000 if they do not get buyers in other countries at $7000.
Bitcoin was never banned in China. Domestic ICOs and exchange businesses were. There is still a robust OTC market there.
Weekly Localbitcoins volume alone is in the 30 million CNY range. Not to mention the mining industry.
Some Indian legislators have proposed a bill. Nothing has happened yet.