Some thoughts about BTC price pressure in the near term (6-12 months or so)...

- choke point 2.0 is real

- same timing as all 3 si banks get killed (killing majority of on and off ramps) us government sells 10,000 silk road coins

- us government to sell additional 4 batches of 10,000 coins this year. Likely at opportune timing of other attack vectors. Maybe when mtgox coins are released?

- stable coins draining out of the system, since last may about 40% drop. Lowering market liquidity.

- liquidity in all markets substantially lower (ie. High fed rates)

- employment rate just turned the corner and starting to rise. Which is last domino to fall before shit hits the fan and full recession is in full bloom for ~12 months.

- if recession does start, even gold price historically falls initially. All assets do. Likely BTC too.

- volume almost zero on weekends now. If sellers come, not enough buyers/liquidity to absorb the sell pressure.

But longer term, I guess who cares. We are in an s curve adoption. This too shall pass.