I think it is a very broad thing that really affects the price directly. I have read some thread and it was stated there that investors was one of the major cause of the volatility of the of the Bitcoin, if they will not be in an active investments these following weeks this will lead to slower fluctuation of the price, and it also serve as the guide of the ICO when they will hoing to pay the workers since the lower the price the lesser that it will turn out to be a payment, and it might be double if they force to pay the people in a wrong time.
You're right, some others are not trusting bitcoin and as a result they are trying to destroy its reputation in the public, well bitcoin can help to grow the economy of a certain country.