Yes there is a lot of things that makes bitcoin high and regulation is one of them so if you see the price of bitcoin high bit means bitcoin will be profitable to you, if bitcoin will get regular as the fear of being scammed or being hack will reduce, for me the bitcoin currency is the best currency which gives every user high profit, so for sure something best like bitcoin should be regular because this way price of bitcoin will also increase and more people will be interested to invest in bitcoin for long time without any fear.
Yes for some reason we need some regulations, as we can see a lot of scammers are trying to manipulate the mindset of people by doing an investment scheme and we need some regulations and laws to protect people who are victimized by this kind of scam.