There is still significant supply overhang ahead of us:<br><br>• Celsius is distributing $2b of $BTC and $ETH<br>• FTX liquidations <br>• U.S. Gov. Silk Road <a href="https://twitter.com/hashtag/Bitcoin">#Bitcoin</a> tranches<br>• Mt. Gox BTC <br>• Potential miner selling due to rising cost base<br><br>Something to keep an eye on in Q4.
There is still significant supply overhang ahead of us:

• Celsius is distributing $2b of $BTC and $ETH
• FTX liquidations 
• U.S. Gov. Silk Road #Bitcoin tranches
• Mt. Gox BTC 
• Potential miner selling due to rising cost base

Something to keep an eye on in Q4.