During recession, everyone will be looking at 'safest' place to store/invest/safeguard their money. Stock market, currencies, properties, commodities etc will go down. generally I think those big funds will buy into gold which makes the gold price go up. Upon a certain limit, they will look for alternatives. I believe bitcoin will be one of them. With tonnes of money going into bitcoin, the price should be on the up trend.

Just my personal opinion...