Placeholder Partner: Has not started buying yet, will continue to accumulate BTC and some crypto assets in case of a market crash
BlockBeats News, January 26th, Former Ark Invest Crypto Lead, now Placeholder VC Partner Chris Burniske said: "I have not started buying yet, but if I were a buyer, I think the price levels that BTC needs to pay close attention to include:
· Around $80,000: November 2025 low, also a cyclical low of this 'bear market';
· Around $74,000: April 2025 low, the low point during the 'Tariff Tantrum' period, slightly below MSTR's cost basis (around $76,000);
· Around $70,000: Upper bound of the $50-70,000 range, close to the 2021 bull market high;
· Around $58,000: 200-week moving average position, also the on-chain cost range (realized value around $56,000);
· $50,000 and below: Lower bound of the weekly range, with strong psychological significance, if this level is breached, the market may once again see the narrative of 'Bitcoin is dead'.
It is important to note that I am not concerned about the short-term market movement. If the price continues to rebound from the current level, I will hold my existing position and gradually diversify my investments; if the market experiences a significant decline, I will choose to continue to buy more BTC and select crypto assets."
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