Remember the last time the Government shut down? Yes, the market did exactly this. It's all about liquidity still and the TGA is still trapped until this finally resolves. Meanwhile expect more ugliness. The beatings shall continue until morale improves.

So by that logic when the House votes on Monday we open back up and markets go vertical?

Can't help but think that feels more like narrative, when there was a perfectly reasonable technical expectation of Bitcoin going lower anyway, and it did.