Bitcoin $Bitcoin (BTC.CC)$ continues following markets and c...

Bitcoin $Bitcoin (BTC.CC)$ continues following markets and contradicting its objectives. I've been looking for reasons to buy some Bitcoin, but it went from $70k to $45k in parallel to futures/stock markets/inflation.....all the reasons it's supposed to essentially be the inverse of volatile market conditions.
This type of volatility in BTC makes me view it as just another day trade 'asset' than a secure asset. Will BTC drop down to its 200 day MA of 19k? That's what everyone is starting at as Bitcoin is breaking below support levels. This could be the point of a bounce, but a 40% pullback from its high is very concerning. Is the Tulip honeymoon fading or this an opportunity? I expect things to pull down a bit more for now if the rest of the market continues its volatility. Bitcoin has proven not to be independent but quite dependent on whatever the rest of the currency and stock markets do. GLTA.