How can BTC be so weak when facing any adversity?

I’m always amazed how BTC is so fragile when it comes to facing even the smallest adversity. Every week there is a reason to go lower and lower (same as when it goes up for any positive news out)… for an asset that should be indifferent to market circles and a safe haven against politics it hasn’t done much since it’s creation. It’s a great speculative asset for sure, but far from being anything useful on a foreseeable future. Everyone is pretty much buying now just to make a quick buck on the next circle.