Graph aside, price movement are an indicator of market sentiment. If an asset is not deemed as a 'safe-haven' or whatever they call it, then the price will move accordingly. In short, if more and more people starts to believe that bitcoin (or any asset) is a good thing to store their wealth, sooner or later the price will follow. It's safe to say that if we don't see that yet, then the market still don't fully trust it even if the potential is there. Time will tell.
Intelligent comment tbh. This further proves that Bitcoin is more of a speculative risk asset than being a safe-haven. On the flip side, gold has stood the test of time and has a proven use-case and high demand across industries which makes people value it year in, year out.