Now I know China has been accused of keeping the price of their fiat down, so this leads me to a question.
Why would china want to keep the price of btc at or below 1000? And I'm not asking for answers around curbing the use of it, because I don't believe they want that. I'm asking for genuine thoughts on how it would benefit china to keep the price low. What long term strategy would they have? Because we all know china doesn't just do things because they want to. They've probably had meeting after meeting on how best to optimize bitcoin for their benefit.
I think the only reason I saw why they want it to keep it below its all about money matters. Of course once the price below 1000$ they will buy a huge volumes of bitcoin then keep and hold it til the value increase it again.