BTC, as in the actual listed security, really hasn't been in much of a healthy spot for many years. Between the recent push for "spot ETFs" (In the vain of SLV, where they use the underlying to control price movements), the intentional stagnation of L1 chain scaling (See Blockstream and their patented Lightning network), the increasing usage of chain analytics to scrub "bad actors" from the chain, and the push for smart contracts and the smart money paradigm (A way to force how and to whom you can spend your money), BTC is in a precarious spot that leaves the Satoshi vision of trustless, free, internet cash further in the dust.

This is not to say in the future, that all can't be fixed or rectified, but in it's current state I'm heavily of the opinion that BTC is a cabal captured asset. However, this isn't me saying that all crypto is bad and always bad, just that we need to be wary of the total circumstances of the market.