What do you think will happen to the crypto market if there is an economic crisis around the world?
This topic is very interesting for me, so I would like to hear your thoughts.
Crypto currency could be one of the best ways to steal people's money when the crisis comes. People will try to save their money, crypto begins to grow, everything else is falling... Bingo@ people go all in in crypto!
The global financial crisis affects absolutely all markets and there's no exception with cryptocurrency market.
If we see the fall of the traditional financial markets, then I do not exclude the fall of Bitcoin to $1-2k
I am agree that global financial crisis will affect to any investment market. It could happen to cryptocurrency market too but every investor must be want to recover their investment value and they could use crypto market to recover their portfolio value by investing on cryptocurrency or bitcoin. I dont think bitcoin will drop to $1-2k if crisis happen because bitcoin is store of value or digital gold