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 live on other country with suport by people who believe blockchain technology behind this. there is 2 country only goverment and not affected when people there still believe it. People still hold them fund and not sell it like fomo.
Indeed, bitcoin is not set by any goverment it depends on the user itself. But I doubt when bitcoin is banned by a country which has a huge user such as China and India because we have known when there is a country who decide to ban all form of bitcoin function then it will makes most its users decide to sell their bitcoin. The reason is simple, they don't need to feel a loss. I guess the crash came at 2017 ago was caused by some government who decided to ban it and was followed by some companies who decided too.