If the AI bubble bursts and we enter a multi-year bear market, how do you think BTC reacts?

I've been spending a lot of time looking at the structural shifts in BTC's correlation to traditional equities over the last few years. It feels like we are completely past the era where Bitcoin moved entirely independently. Wall Street treats it heavily like a high-beta tech proxy, and when the Nasdaq or S&P 500 takes a hit on macro days, BTC usually amplifies that move down.

This got me thinking about a realistic doom-loop scenario: What happens if the AI hype cycle hits a wall, the bubble pops, and traditional equities enter a multi-year bear market?

How do you think it plays out? Does BTC get dragged down into a multi-year crypto winter by a broader economic downturn, or do the internal mechanics allow it to break free once the initial crash is over?

Curious to hear your thoughts, especially from anyone who has traded through both the 2020 liquidity shock and the 2022 tightening cycle.