Correlatio between Bitcoin and the S&P500/ Will they both Crash?

With this chart i simply want to send a warning to all bitcoin Investors.

During the March 2020 crash in the equity markets Bitcoin lost 60-70%, from 10.500$ to 3.800$ within a few weeks.

I see a bigger Crash coming this time, the Crash in March 2020 was a liquidity event caused in the Repo Markets, it wasent a full Pandemic Crash (Insolvency event/Deflationary Bust)

I see the damages and Insolvecys comin this year, the Fed wont be able to stop it like last year, last year providing Liquidity was enough, it wont be enough this time.

I want to say that if the S&P500 crashes again, bitcoin will be crashing too and lose 70-90%.
The central banker Gabriel Makhlouf sayed "Bitcoin Investors may lose everything".
To me thats a warning sign of Deflation from a inside view.

If Bitcoin realy should lose everything, the S&P500 will be on the same (Simular) path.
March 2020 showed it to us and we should have that in the back of the head, there is correlation between those instruments, specially on the major moves and reversals.

I personally sold my Crypto portfolio and im getting ready to buy back in at 10-100$ / per Coin, sounds crazy but mark my words :D

Thats just my personall opinnion, i would like to hear some other opinnions.