What implications could the oil price drop on the mid-term bitcoin price have?
I don't see any effect whatsoever.
Do you think it is more likely that investors will switch to Bitcoin, or do you think it could be that the money is flowing out of the crypto world due to the uncertainty in the markets? Could it possibly have no effect at all on the Bitcoin course?
You just have to ask yourself, if you are a traditional or a long term investor on oil, would you suddenly switch to crypto or bitcoin? the transition would not be a sudden if there will be a shift, but now? I don't see any old oil and even gold investors to move their money to bitcoin just because the oil price plunges. Different set of investors, different mindsets, different risk aversions.