Why Crypto Prices Are Really Crashing

In this Bankless deep-dive, Michael Nadeau explains how on-chain signals and a decisive break below Bitcoin’s 50-week moving average flipped him “risk off” long before the mid-October sell-off. He digs into market structure, psychology, and why even potential rate cuts and extra liquidity aren’t likely to rescue this cycle right now.

He also lays out the price zones where BTC becomes too cheap to ignore, maps long-term holder behavior to previous tops, and walks through his high-conviction watch list strategy for the next bull run. From “wealth destruction” regions to global liquidity checks, this chat has plenty of data-driven takeaways for traders looking to stay ahead.

Watch on YouTube