To be frank, bitcoin is not independent of traditional markets and economies, and has never escaped the impact of global markets, not just this time. Even Bitcoin has never experienced a major economic crisis like gold, how can we expect it to perform like gold? All these are just claims of bitcoin investors and their expectations based on bitcoin theory, but in reality, bitcoin has never gone through and done that.

For diamonds to become shiny and brilliant, they need to be polished and tempered every day and over a long period of time. It can never become shiny and valuable without going through those things. Likewise, it is still too early for bitcoin to become like gold, and everything takes time. This is one of the thousands of challenges that bitcoin needs to overcome to prove its value before it can be compared to gold.