Small and volatile market driven by bots can have unexpected and illogical behavior... until the correction when those who bough at half the price want to cash in.
“In our long-term study of bitcoin, we had compared bitcoin correlations to traditional asset classes and now see another interesting recent trend with its volatility,” according to Gurbacs. “In our current volatility research, we compared the 90 day and year to date volatility—as measured by their daily standard deviation as of November 13, 2020—of bitcoin against the constituents of the S&P 500 Index. We found that bitcoin has exhibited lower volatility than 112 stocks of the S&P 500 in a 90 day period and 145 stocks YTD.”
https://www.etftrends.com/alternatives-channel/bitcoins-vola...
I have no idea what "driven by bots" means.
That's what "cashing out/in" means. Converting your investment into necessity, want or vice. No one desires investment vehicles. They desire using the investment vehicle to purchase a future item they can use.
Bitcoin exists primarily as something people buy in order to hopefully sell to someone else, all with the underlying value intangible and arguably nonexistent beyond scarcity.