As a relative newbie to the crypto world, my frame of reference would be the way big for-profit institutions generally behave whenever there's a potential for profit - hedge out smaller investors however they can. It looks like ALOT of governments this year are seriously looking at cryptocurrencies as a way forward, if only to make sure they have thorough regulations in place to favor the ones they want to favor, before the 'masses' have too much of the marketshare. Still, that is why cryptocurrency, spec bitcoin is so resilient, because it operates outside nations. At least, so the white paper says.
RE: Crypto Thoughts #1 - Big banks deliberately worsening cryptocurrency crash to create buying opportunity?