If the bashing is that the market does not see #Bitcoin as a store of value yet, I think that's valid. 

But Bitcoin seems to track global liquidity more than anything, so given fears that central banks may overtighten, I think it aligns with the thesis that it would go down. 

VS #Gold reacting upwards as a flight to safety due to recession fears. 

Long term, gold seems like a pretty bad investments given how many good investment opportunities are available these days. 

And Bitcoin a great investment given that sovereign debt will force global liquidity to increase exponentially for the foreseeable future.