Analysis: Weak U.S. economy, Iran conflict, and institutional sell-offs exert pressure; Bitcoin's outlook remains bleak before breaking through $75,000.

CoinNetwork · 2026-04-03T01:17:36+00:00

Affected by the weak US economy and geopolitical factors, Bitcoin's rebound to $75,000 faces pressure. Weak institutional demand led to a net outflow of $450 million from Bitcoin ETFs, and traders remain cautious about future risks. Analysts believe that liquidity injections could be beneficial for scarce assets.

CoinNetwork

2026-04-03 01:17:36

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CoinDesk, April 3 — According to Cointelegraph, the outlook for Bitcoin rebounding to $75,000 faces pressure due to multiple factors including the US economic slowdown, the Iran war, and institutional sell-offs. President Trump’s speech on Wednesday failed to guarantee an end to the Iran conflict, causing oil prices to surge above $110 per barrel and triggering risk-averse sentiment. The number of Americans filing for unemployment benefits rose to 1.84 million, and concerns also emerged in the private credit market: alternative asset manager Blue Owl announced that two of its private credit funds are experiencing “unusual redemption requests,” with withdrawal limits set at 5%. Since March 24, the US spot Bitcoin ETF has experienced net outflows of $450 million, indicating weak institutional demand. Although Bitcoin successfully held the $66,000 level this week, traders remain worried about downside risks over the weekend. Analysts point out that the US federal deficit is projected to reach $1.9 trillion by 2026, and liquidity injections could benefit scarce assets.

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