They have always been against it because they consider it as a threat to the present financial systems of the countries.While developers are increasing the bitcoin Software network,bitcoin is controlled by us all,and it'll take a very long time and efforts to transform whatever it is that bitcoin delivers to us.
This whole actions determines that bitcoin is a decentralized and the expected attempt to change or terminate it wouldn't be available or coming easily.
Yes. You are right in looking at this, especially if you live in a country where the per capita income level is weak and economically problematic. Well, for the short answer they will not let BTC rise too high and exceed their expectations because it has power in terms of regulation with the basic mindset the Government should never lose in anything and let's look at other causes of the recent decline in BTC prices resulting in a correction of up to $60,800.
And you are blaming the fact that bitcoin cannot increase in price, it is correcting to the $60k area and the government is the cause? Are you serious? So can you explain to me what bitcoin going from $15k to $73k has to do with the government? Or is the dumping of bitcoin from $69k to $15k by 2022 also caused by the government? Is Bitcoin's volatility due to government manipulation? LOL.
The funny thing is when the price of bitcoin goes up, you scream that bitcoin is the future, the revolution of the world, but when the price of bitcoin goes down and adjusts a bit, you blame the government, institutions, etc.
Don't invest in bitcoin with a hostile mindset and like to blame others every time the market doesn't perform as you expected. As a financial market, if there is an increase, there will be a decrease and that is normal, only scam projects will increase vertically without adjustment.