I consider myself as newbie to crypto currency, i observed that if there is news regarding regulation of Bitcoin the price fallback will follow.
I can imagine that for the moment regulations can drag the bitcoin price down.
People think through regulations it will become more difficult to buy or sell bitcoins. Maybe they even have to pay taxes.
But when you look at it closer, you see that those regulations make it more difficult for the scammers as well to play their game. And nobody likes to get scammed!
That is why I think regulations make the crypto currency market safer. And because of that, more people will stay invested.
And that leads in the end to a higher price than without regulations.