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Not everyone in Bitcoin is 'all-in'. Many are just in it so much as to increase their fiat holdings. When the AGM of their favourite stocks announces a 10% decrease in operating profit, the value goes down like a landslide. When Fink starts selling, his dumbass customers will to. This is their story......let them have it.
cowles commission index was the earlier version of it going back to 1800s which reflects a valid for understanding of long-term us equity returns. this is way data and trading companies like tradingview combine them together.
I got into gold and silver first so think of bitcoin in terms of gold and silver