Thanks for your analysis.
Yes, the correlation with the stock markets is interesting. Most assets that are measured in USD will be dragged down by massive selloffs of other assets. We saw this last week and early this week when investors sold stocks and technically bought USD. So USD gained and most assets valued in dollars depreciated (like crypto, stocks, CFDs, currencies, etc).

But I agree that longterm, if the stockmarket continues down, investors need to put their USD into other instruments. Normally they go for safe ones like gold and treasury bills, but many will hopefully put some in crypto as well.
And that can have an additional long term effect that more investors will have coins in their longterm portfolios:)