If you need a hedge you're going to have to use cash or precious metals (gold, silver or platinum)...
I don't think bitcoin yet has a reputation not to crash bad... Its probbay better than some stocks but not all, some places like the utilities and commodities should do well I wouldn't put all of my faith in crypto it'd be a bit like buying an airline stock...
The economy going down and with COVID to accelerate the upcoming recession I think it will be best not to buy stocks or any other investments and either invest in cryptocurrencies or in precious metals like gold and silver. The ones who will be having a lot of cash with them in savings will suffer the most because at the time of a recession the value of fiat reduces a lot because of the inflation and falling economy.
For me bitcoin and crypto are even better than investing in precious metals unlike you, at least cryptocurrencies will gain a lot of value when people realize that the fiat is worthless in case of a recession and will opt for cryptocurrencies.