What do you guys think will happen to the price of bitcoin (and altcoins for that matter) during a recession? Often when stocks went down a little crypto market would surge. But how will bitcoin behave in a full on world economic recession? Because history tells us that a recession is coming, we haven't had one in ten years, it might be 2018,2019, or even 2020 but it's coming. Do you think the traditional market and the cryptocurrency market are negatively or positively correlated? (Or are they correlated at all for that matter?)
I do not want to agree that the world has not witnessed any recession. Just recently, the world had an economic recession, I think around 2013/15 , that sweeped even europe including greece and turned many countries into borrowing.
Off course, recession would affect bitcoin too because it is also a means of payment and affected by demand and supply.