Bitcoin never saw a global crisis before. It is possible that its price will not follow SP500 or any other index in the case of a crisis, and it may behave more similar to gold.
In this case we all we have a nice opportunity: Sell some bitcoin and buy more stable assets with a huge discount.

This may be a game changer in my life =D

We have been hearing these "recession incoming" signals since 2010 and it still hasn't happened. There is always some economic that does some type of analysis and claims that there is going to be another 2008 recession and gets retail traders to short the stock indicies and they keep getting margin called because the stock market keeps going up.

Unless there is some massive economic disaster like the housing crisis back in the USA, I don't see a recession starting soon. Sure there are many auto loans which might default however autos are worth much less than houses and unlike houses they generally depreciate every year. Even if there is some massive auto loans crash, it won't affect the entire global financial economy like in 2008.

Don't read too much into these articles. They are just posted to get views and exposure but doesn't have any credibility.

That could only result in slight bumping of oil price, but not by much. Venezuela has lost its production due to mismanagement over the past few years, its currently under 33% capacity at best guestimates. Losing Citgo is pretty much neutral at this point, as Citgo was mainly buying non Venezuelan oil anyway and pretty much running in red, subsidized by Venezuela. The rest is the politicians ill gotten money and properties.

This has probably zero impact in the global economy, not even in America's economy, unless you think Citgo is THAT important. Well that should teach Maduro giving Trump half million dollars (using said company) when he was elected. Fool, less thing a rich man wants is even more money, especially dirty money, serves them right.

Bitcoin can save investors, like many more assets can. Thing is, being smart about it and knowing what they are getting into. If you flee to gold after everyone else had, meaning high price, it make take years to recover.

I've heard that Bitcoin could save some investors. China and Russia are planning to ditch dollars and that the incoming recession is happening soon in the future. If it were to really happen, Bitcoin could have some impact to those investors as Bitcoin doesn't have any connection to US. Bitcoin is an independent cryptocurrency.

No one really knows because bitcoin has never been through a global recession as of yet.

There are three possible scenarios here:

• People move their money to bitcoin for a safe haven
• People sell their bitcoin for cash because they need money
• More of 50-50 between the two

I'm more leaning towards the second though. While it completely makes sense to hold bitcoin in an economic crisis, let's not forget that a lot of people holding bitcoin are holding it to "get rich quick", not knowing what it's for in the first place. So it's safe to assume there will be a lot of fear from these people.

this has been discussed many times before. and my conclusion based on the comments is that it is not possible to predict which way things are going to go in case of another global financial crisis. some say bitcoin can follow the rest down and some say bitcoin can go in the opposite direction.

i personally believe that it can be either an upward move or no move at all. bitcoin has always been independent of other assets and have not really taken effect from any major incidents that affects other assets. it is a beast moving on its own. and that "being on its own" can be an important factor in case people were trying to choose an alternative way of trying to save their money's worth.

Bitcoin is not affected by recession as it's simply a case of demand and supply. We have a very low supply, should recession set into the US stock market, traders might want to trade the bitcoin to make more money and recover losses. This will bring more liquidity to the bitcoin market and force the price to shoot higher. The volatility will then increase, which is good for traders. 

It might, it might not.
One of the many things why many Bitcoin investors are advocating for Bitcoin is because they believe it will help to resolve a situation like this such as in time of inflation and others.
So since Bitcoin has not witnessed anything related to that, it is hard to tell.
We can only hold on to high chances like this.

While the bond market is leaning towards a crisis similar to the one we had in 2008 and there've been enough articles and videos about it, it not disputable whether Bitcoin is an additional risk or a savior. I believe in Bitcoin, and I think that it has the potential to save the economy once major fiat currencies crash (and I believe the next economic crisis will be about this). However, investors are a different bunch of people, and I would not want them to get involved with Bitcoin. Investors care only about profits, they don't value the technology or use cases. And it reinstates that Bitcoin is an investment opportunity, rather than money, leading, among other things, to serious taxes.

Can't really say about that. There are numerous possibilities. Bitcoin may or may not become the global coin in the next financial crisis.
Also, what if the big investors buy bitcoin and the price goes up but then whales sell their coins and dump bitcoin's price.
What if the whales are actually waiting for such a scenario to occur. That would seriously hurt investors' sentiments and beliefs over bitcoin.