Video Description
š£KRAKEN | DEFI EARN
https://bankless.cc/Kraken
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Michael Nadeau went risk-off in October and has been targeting Bitcoin's fair value near $65K. In this episode, he joins Ryan to unpack what changed after BTC broke below $80K, why he does not think this is the macro low yet, and what a real bottom typically looks like (capitulation, then apathy).
They also dig into the new wild card: incoming Fed chair Kevin Warsh, and why ārates downā could still mean tighter liquidity if the balance sheet shrinks. Mike walks through the key cycle signals he is watching (MVRV/realized price, 200-week moving average, long-term holder behavior, miners), how Bitcoin tends to lead the Nasdaq Composite, and the price zones on his watch list for ETH and SOL as he prepares to scale back into risk.
Michael...
š Why This Matters
This video from Bankless provides insights into the latest cryptocurrency developments. Stay informed about CRYPTO market movements, technical analysis, and breaking news from trusted sources in the crypto community.
š” What You Should Know
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