Bitcoin's recovery to its all-time high faces challenges as recession fears grow, with analysts predicting a recession by summer. This follows projections that appetite for risk assets like Bitcoin may decline. Research indicates that US-China tariff negotiations underway in May could significantly impact both the recession outlook and Bitcoin's price. If negotiations stall, Barthere, a crypto analyst, warns of potential significant losses for Bitcoin. However, she suggests that a deal could help Bitcoin reach its previous highs. Despite potential volatility, some believe Bitcoin may show resilience in a recession, acting as a hedge against inflation. The increasing correlation of Bitcoin with tech stocks, however, adds uncertainty to its future performance. Analysts caution that if a recession occurs, crypto markets may decline in line with more extensive risk asset sell-offs and that broader market behaviors remain dominant despite growing institutional interest in crypto.

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