Hey Greg, I wrote an article that challenges this narrative and while it's just for fun, I do think there is still a response to come from the establishment and it may surprise people how quickly it catches on (or doesn't).
Regardless, I agree with what you're saying but I suspect there is likely to be troubled waters ahead for Bitcoin in the medium term. In mid-November, we have this hard fork and since there is no agreement on which fork will remain dominant, the two resulting products will essentially face a showdown and potentially split Bitcoin's value in half. In addition, because it is a fight to the death, there is no replay protection built into these forks which could also open the door for some rather ugly security issues and we all know what will happen if there is another major hacking story.
So it makes sense to me that there is also likely to be an opportunity ahead for alt-coins as people diversify themselves to looking to mitigate forking risks. Good luck!