Written by

Vetle Lunde

Senior Analyst

04 Apr 2023

April Market Outlook: Perfectly imbalanced

In short

At current levels, I’m neither a seller nor a buyer and intentionally neutral. Unlocked supply points toward downside in April, whereas a more accommodative macro environment on the backdrop of bank failures could represent fruitful conditions for BTC.


I brace for a bumpy ride in April with a neutral market view

Signs point to increased probability of recession or stagflationary environment

A great macro environment for bitcoin

The major net buyers of late have less capital available to push prices higher

Increased supply in the order books points in the direction of a slowdown in April