This ban is just a minor set back to bitcoin. Besides, it is just a proposal in India, not yet a full law. This remains to be approved. And China is still using bitcoin.
Bitcoin fell to $3000. Not it is at $8000.
I'm not sure if the crash is related to these 'ban'. And even if these 2 countries did ban Bitcoin, there are still a lot of users.
Let's just wait and see what will happen, no need to predict when it dies. Lot's of news has been telling the same thing for years already.
It is quite obvious that the fear for Bitcoin ban in India is affecting the price of bitcoin right now. I just want to see how low the price could be driven because of this fear.