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Bitwise analyst: Bitcoin may form a "final bottom" in the range of $73,000 to $84,000.
On November 21, André Dragosch, Head of Research at Bitwise Europe, stated that the “max pain” range for Bitcoin could be around $84,000 for the IBIT holdings cost, or about $73,000 for MicroStrategy's cost. Once either of these positions is reached, the market may welcome the final bottom. He referred to these prices as similar to “close all positions” price, which could indicate a complete reset of this cycle.