Interestingly, a lot of people think that during a crisis people flee into Bitcoin, but I fully agree with you that during a crisis most people don't have anything available they could liquidate and put into Bitcoin. The rich guys, yes they are very well positioned to even buy the Bitcoin up that others are forced to liquidate, but the average person is trying survive rather than gambling on cryptocurrencies. That was my point. That is also why Bitcoin will not explode during a crisis. It might though if we are talking about a hyperinflation crisis.
Even the smallest investor could find 20 bucks to invest but that is not the point. I do agree that people do flee to bitcoin at all times, not even just during crisis but every single time and that means that there is a good chance everyone who has few hundred to thousands of dollars people do end up putting in a lot of money into crypto, so that is why I honestly do not think that we should be focusing on bitcoin as of right now, but more towards the crisis in that situation. What does that mean? What kind of crisis is this that we are talking about?
2008 was a manmade crisis that caused a lot of people to lose money, but it was basically all digital numbers, this past year however is a crisis based on a virus, which is totally different. There are different crisis causes and each would lead to different result if you ask me, that is why there isn't one correct answer.