Speaking in a recent interview, Robert Mitchnick observed that sentiment around Bitcoin has shifted in a perceptible yet understated fashion over the past month. For an extended stretch, that divergence proved disadvantageous: equities—particularly those linked to artificial intelligence—advanced strongly, while Bitcoin remained largely stagnant or declined. During a substantial pullback in AI-related shares, Bitcoin price showed clear relative strength and outperformed the broader equity complex. Bitcoin price has declined nearly 30 percent year-to-date and trades roughly 50 percent below its levels from a year earlier. Historically, Bitcoin (BTC) price often moved in close tandem with risk assets, prompting some allocators to view it primarily as a leveraged equity proxy.