I wonder what will happen to bitcoin and the crypto market if there will be a financial crisis in the world (2008 style)
From one side people will probably look for 'safer' place to put their money in
on the other side, many people see crypto and bitcoin as a risky investment
I would like to hear the community opinions about what might happen to our market in a time of world economic crisis
I don't think this is some utter truth. There might be a situation where the economy is so much dumped that people even try to stay away from bitcoin. Moreover at the time of such crashes people try too stay liquidated as much as possible. If the traditional markets are going down there is no way that people will enter this risky market.
the possibility of cryptocurrency price movements in the future will have a downward movement in prices because this may be influenced by the world economic crisis to be more terrible, many do not trust digital currencies anymore and many people who want to save their assets without having to use digital currencies again.
Exactly people would not jump in this risky venture because generally most of the people run towards the government in times of such fragility and crashes. While governments are surely never going to advocate cryptocurrencies as it will flush out even more money out of the economy making it even more difficult to handle the economic meltdown.