Price rising = rumours + good news
Price going down = bad news + panic selling + whales cashing out
But what factors keep Bitcoin price stable?
Increasing in the demand should be one factor..panic selling ,bad news are only reasons to make the whales more dominant in the bitcoin world. However it could prevented by holding and by not be affected by rumors or bad news.
Rumous and bad statements were common with not only bitcoin, most of the virtual currencies have the same. Only thing we can do is continued support to make it move in the growing path without considering those. Holding is good, but here to whales try to have a control on price move which at times make the price unstable.