Hi,

Up to now, Bitcoin hasn't gone through financial crisis. Maybe one financial crisis is near (look at financial market overvaluation)

in case of financial crisis, bitcoin price could
-collapse as big money people will withdraw from any investment,
-surge as BTC could be seen as an escape to current financial system
-remain stable

Do you think that in case of a major financial crisis like in 2008, bitcoin price will collapse, surge or remain stable?

thanks


It's hard to know what investors will do in a financial crisis. There will be some people that move money out of stocks and mutual funds and into things like gold and maybe Bitcoin and other cryptocurrencies.

This could hold the value of Bitcoin up, but there is no guarantee that people won't pull money out of Bitcoin as well. They may look for low risk investments like fixed rate bank accounts and gold and silver.