Most of the projects, trading sites, mining platforms are belongs to China only. Their support is must see the bitcoin and other cryptos in the high price. Atleast companies should migrate to other countries where bitcoin is legal to use.
Other countries still really looking to adapt the bitcoins but some illegal source are spread negative information about the bitcoin. So they all are fear to invest on the bitcoin.
You nailed it bro. 'Fair.' China is good on that. And that tactics really work in the market.