What explains Bitcoin’s unexplainable movements in recent days?

With cryptocurrencies gaining more recognition and mainstream attention with every passing day, the instinct to view this still nascent sector through the lens of a traditional financial market is quite understandable. Ergo, it’s not a surprise if some expect the latter’s institutionalization, volatility, and yes, predictability, from an emerging industry such as the crypto-market.
However, are such expectations justified? Just because an emerging sector is going mainstream, can it be expected to act like it as well? Well, when it comes to Bitcoin and the larger crypto-market, the answer is tr