Bitcoin will go up because it's the Rolls Royce of capital flight, so if you actually believe everyone on earth is going to flood to US dollars (instead of de-pegging from the dollar in general), then it's the go to play to catch market share in that capital flight.  In a liquidity crunch, people are dumping illiquid assets for cash.  Bitcoin IS CASH.  There's no reason for it to go down.  Trust in banks will be next to ZERO during all of this.  Nobody is going to liquidate all of their assets to just be stored as digital fiat in a bank account.  People will be going wild for Bitcoin because Bitcoin has no bank holiday for the government to Cyprus you.