Bitcoin is a tech stock, whether you like it or not.

Not a digital commodity galaxy brain store of value sound money whatever

Most people buy it because they hope it becomes the money of the future. Something that you can use for all payments.

And when it drifts away so much from this expected outcome, don’t be surprised that these people sell their bitcoin and look for something else that looks promising.

The US dollar is still king, cash still rules everything around us, and Bitcoin no longer poses a threat (or even competes) with the status quo.