I think it is not a fact of comparing the price with last year price.

I personally suggest you to wait and watch as nobody can predict the rise or fall in BTC.

It may retest the support of 5700$ & then rise.

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Actually there is no such news of Bitcoin Ban in india.

Only RBI release some term and conditions regarding crypto currencies.

It will be a huge loss to india if it ban bitcoin in india as accepted by world all countries soon.

I don't think that other coin can beat the BTC as it is like their base currency.

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NO, it is not the goal where Bitcoin supposed to reach.

I think it is not about price of BTC but important is to be used by all countries & people.

Hope for the best.

i don't think that bitcoin will die this way.
it is just corrective wave to jump further.

just wait and watch it will be 10000$ again.

I don't think that Bitcoin will die because of global regulations but it is a very serious concern.
Actually the future of Bitcoin depends on  the regularizaton & legalization in all countries.
I think it is more secure to transact your money anywhere.

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I think it is the demand which have been decreased.
It is affected due to not regularizaton of Bitcoin in many countries.

Just buy the Bitcoin now and wait for the hike.
All the best for the Target 10000$.