1. If SVB trouble continues , the institution money is stunned, they have no way but to sell tokens for liquidity or daily operation, then the price might shake.
2. If USDC trouble continues, on one side BTC might goes up due to USDC's value goes down, but on the other side, BTC might goes down due to market confidence loss.
3. The global debt trouble, mutual funds trouble, liquidity crisis
4. The BTC price might dramatically goes up, if there are too many institutions shut down , then the FED will have no way but to decrease interest or make inflation to 20% to save the economy first. If that happens, the global assets price will goes up a lot.
5. China's policy