PANews reported on January 25th that Placeholder partner Chris Burniske posted on the X platform that he is not currently a buyer, but believes key Bitcoin price levels to watch include:
1. Approximately $80,000: This is the low point in November 2025, a local low point in this "bear market".
2. Approximately $74,000: This is the low point in April 2025, and also the low point of the "tariff panic," slightly below Strategy's cost base (approximately $76,000).
3. Approximately $70,000: The top of the $50,000-$70,000 range is roughly close to the 2021 high.
4. Approximately $58,000: This is based on the 200-week Simple Moving Average (SMA) and on-chain cost basis.
5. Around $50,000 and below: This is a psychological bottom price level. Below this price, the narrative of "BTC is dead" will reappear.
Chris Burniske stated that if the market rebounds from its current level, he will continue to hold existing assets and diversify his portfolio; if the market falls, he will buy more Bitcoin and specific crypto assets.
