This is really amazing, the Federal Reserve just printed some more toilet paper money and injected it into the financial market and the Bitcoin price takes a 5% nose dive.

How gullible are the investors that they would be willing to pull money out of their Bitcoin investments to fund investments in the over inflated stock markets.

I think this is just another
Bear trap in the making, because we all know what is going to happen on the 23rd of September, when Bakkt is going live!
Let's stay calm and ride this out, because I am definitely not going to sell my coins to greedy scumbags, who are just into Bitcoin for the quick profits.
Do you think this is a Bear trap? Let's discuss......

You cannot conclude that they are gullible because to the extent of their own understanding they are doing the right thing. Also, government printing more money does not necessarily means creating money out of the tin air because a large portion of it would go to replacement of shredded notes that have been retrieved from the economy and also, huge money would have equally be expended in the printing of the money which means the effect in the area of creation of wealth is just going to be marginal if it will have any effect at all.
On the relationship to the price of bitcoin, I personally think its really because bitcoin and the crypto market has not grown to maturity that is why its responding to the printing of currencies of just a country and this wont be there till forever.