Significant gains in Bitcoin happened when
1. Cyprus took money out of citizens bank accounts in 2012/2013 to bail out their governments bad investments in Greece after their economy failed

1. C0VID money stimulus 2020/2021

2. The United States seizing Russian assests during the Ukraine/ Russian military operation

Not to mention when the US government bailed out big banks after the subprime housing crisis essentially nationalizing losses on speculative investments

Would it make sense to see Bitcoin as a check and balance towards government policy?

Everytime the government acts in a way that causes distrust in the system. More people become orange pilled and see the significance of Bitcoin