Last year when bitcoin was on a bull run, there were multiple countries going for ban or regulating it however as we have hit a bear market which may last a few months or another year, isn't it suspicious that all those regulating agencies which were so called protector of the financial interests of their people have stopped bashing crypto for now.
Why it always gains steam in a bull market but come bear market and they creep back in their holes? Are they the ones which are busy accumulating now ?