Bitwise analyst: Bitcoin may have bottomed out at IBIT cost price of $84,000 or MSTR cost price of $73,000.

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According to TechFlow TechFlow, on November 21, André Dragosch, Head of Research for Bitwise Europe, stated that he believes the biggest pain point will be reached when the IBIT cost base is $84,000 or the MSTR cost base is $73,000.

He predicts that the final bottom will likely appear between these two price levels. Dragosch points out that these price levels will be "clearance prices," equivalent to a complete cycle reset.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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