Volatility in bitcoin price is just for short time. I think the real issue in cryptocurrency is government regulation. Its affecting on investor because if cryptocurrrency market have regulation from government, they will more confident to investing more money in market.
Beside that, news about regulation affecting on price fluctuation.
So for you the volatility of bitcoin price is depend on regulation of government? it's just part of the cause of volatile bitcoin prices. There are still many reasons why bitcoin prices are always on the move, for instance, day trading will always provide a rapid price change effect of a trader's focus not only on information but technical analysts can be part of their strategy.
No i dont mean that, government regualtion in one of many factor why bitcoin price volatile. Off course many reason why bitcoin volatile but negative news and fake news give big impact to bitcoin price fluctuation