Have you seen how governments responded to the corona virus?
Quite simply, in Italy, the US and elsewhere, they will increase their budget deficit, and add debt. In my understanding, that's very bad for fiat currencies, while BTC will remain unaffected, thanks to the lockdown on money supply.
every country will indeed have a recession, because this corona virus makes a country lack their financial,
the finances of a country are very much affected by this pandemic, many export sectors have died, jobs become difficult, and several other financial cases, and make a country have to print more money or they have to debt from other countries,
but Bitcoin will not fall because of all that, the supply cannot increase no matter what and this is its specialty