With Italy making a big statement to not follow with the imposed European Union budget (see this crazy sequence:
https://www.youtube.com/watch?v=erSSC85CME4 ), things are starting to get serious. Salvini may be nuts enough to not be bluffing.
Are we going to see the start of the biggest EU crisis yet? Italy is no Greece, it is too big, if the same scenario happens (this time with the far right instead of far left but same result) are we going to see an impact on the Bitcoin price?
If Italy goes Greece the consequences will be felt all over the world IMO.
I do not think italy is THAT big and has that much impact on the world. It is one of the bigger countries in the world but honestly comparing the 2008 crisis which was caused by the leverage of house mortgages in USA, italy doesn't have that type of power.
I think even if it affects it a little bit it won't be anything different than the regular volatility we have, so if the price drops like 200 dollars because of it than we wouldn't be shocked because 200 dollar worth of changes always happens in bitcoin and the volume won't be that much lower or higher considering the italian people do not make the bulk of the volume anyway. It is a bigger deal in countries like USA and China and even maybe Japan because they are so into it. Hence I think we will not even feel the difference.