It is no longer a secret that the market is in "everything bubble." However, what I want to know is about Bitcoin price. What will happen to Bitcoin if the market crashes? I am afraid that we do not have the correct hedging instruments to date.
Bitcoin will likely crash just as hard, people exit the riskiest and most volatile market first.
The interesting part is not really the crash itself but how the recovery will be handled, printing fiat will not be a solution anymore at some point and that's where the window of opportunity will be for cryptocurrencies.