Maybe if bitcoin will be regulated by the government, the value of bitcoin will decrease after they make some regulation on it, because i think that bitcoin is awesome when it will be used freely. Furthermore if the government make their hands on bitcoin, i think it's one of the worst move to bitcoin, because it will make some rules and it maybe effect bitcoin negatively.
Yes, I think It is true mate. If Bitcoin will be regulated, It will affect the price and demand of bitcoin.