I can say that recession is coming near because all that are happening now are obviously the signs of recession. This should not bring us negative thoughts when it comes to bitcoin because if we will still be able to manage our finances properly and grab the market by buying all those cheap but potential coins, then we will still make profits at the end of the day. Recession is nothing if we know how to handle it.
If there is a global recession then none of the market will escape the blood bath including the crypto market, the market is supported by fund houses and if they expect a recession in the coming months then they will cash out everything and wait for the market to settle and you know what happens when they make those decision, everything will bleed and the majority of the investment will go to gold but with the price of gold risen it is to be seen where the money goes if there is a recession now.