BTC has just been the same risk on/risk off trade as everything else in the stock market this year. It used to be a separate entity, but this long wished for adoption by wall street is unfortunately making us just play by the same rules.
Same reason why i am not visiting the WO thread because aside from i am not really good in analysis also i seems like it was being manipulated(This is my own opinion please respet) and yeah in any trading everything is the same and this needs our skills and knowledge before gaining amount.
I do not agree that bitcoin is same with everything else, there is a big difference in all of them, obviously there will be similar moments but just look at the recent up and how the stock market didn't had that.
So, do not get manipulated by people who keep saying that nothing will change if you invest into stocks or crypto and they are same, those people are wrong and crypto is much more volatile.
Even on the same trajectory like let's say stocks go up and crypto go up together, crypto goes up a lot more than stocks do, this is why you should always have crypto in your portfolio. People will talk about what they think will happen but that will always be their "opinion" unless they are getting in the trade with tens of billions of dollars their opinion will change nothing.