Bitcoin's value is fundamentally monetary in nature. Bitcoin itself (less so the cryptocurrency space as a whole) is about financial sovereignty, stable monetary policy, robust uptime guarantees, and resistance to manipulation in the governance.

You are _supposed_ to buy and hold Bitcoin for a long time, because Bitcoin is most important where it gives you an alternative when government money is poor (or even just as a threat to governments that are making monetary decisions - they need to know that their population has a viable alternative if their currency doesn't add enough value).

That necessarily drives a big focus on price.