Bitcoin's fate is closely tied to market movements and history has shown it can crash alongside stocks during panics.
Despite gaining mainstream attention, Bitcoin is still considered a speculative and high-risk investment that may not always act as a safe haven asset.
Concerns exist about Bitcoin's performance if the market crashes before the Federal Reserve intervenes to lower rates, potentially causing significant damage.
While some like Robert Kiyosaki see opportunity in a potential Bitcoin crash to buy more at lower prices, others caution about the risks of volatility and advise only investing what one can afford to lose.