Placeholder partner Chris Burniske has outlined key Bitcoin price levels that could influence his investment strategy. Burniske, posting on the X platform, indicated he is not currently purchasing but is monitoring several critical price points. These include $80,000, the November 2025 low, and $74,000, the April 2025 low during the "tariff panic." He also noted $70,000, aligning with the 2021 high, and $58,000, based on the 200-week Simple Moving Average and on-chain cost basis. Burniske highlighted $50,000 as a psychological threshold, below which the "BTC is dead" narrative might resurface.
Burniske stated that if Bitcoin rebounds from its current levels, he plans to maintain his holdings and diversify. However, should the market decline further, he intends to increase his Bitcoin and specific crypto asset holdings.
Placeholder's Chris Burniske Eyes Bitcoin Levels for Potential Buying
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
