Everything happens for a reason and as far as bitcoin price was concerned here fluctuations happened in a smooth movement and not a sudden changes. For now the trend was really going up and dropping down so far wasn't that visible compared from last months track records of bitcoin price performances. However panic was still there even if price stabilized due to this currency is volatile.
In my opinion this might both happened i the future. I see the uneven movement of bitcoin's price. Se the bitcoin price is suddenly goes up and down anytime. Correct me if I am wrong but I believe that even a scientist cannot predict the exact time of bitcoin's future. For me rumors are only spreading of predictions or everyone is only guessing on social networks.