Placeholder partners draw a "vacuum zone" in Bitcoin: Below $50,000 may reappear the "BTC is dead" narrative

2026-01-25 02:09:05

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Odaily Planet Daily News Placeholder Partner Chris Burniske posted on the X platform that he is not a buyer at the moment but believes the key Bitcoin price levels worth watching include:

About $80,000: This is the low point of November 2025, the local bottom of this “bear market.”
About $74,000: This is the low point of April 2025, also the “tariff panic” low, slightly below Strategy’s cost basis (about $76,000).
About $70,000: The top of the $50,000-$70,000 range roughly approaches the high of 2021.
About $58,000: This is the 200-week simple moving average (SMA) and on-chain cost basis.
About $50,000 and below: This is a psychological bottom level; falling below this price could reignite the narrative that “BTC is dead.”

Chris Burniske stated that if the market rebounds from the current position, he will continue to hold existing assets and diversify his portfolio; if the market declines, he will buy more Bitcoin and specific cryptocurrencies.

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ABigHeart

· 1h ago

Placeholder partner Chris Burniske mentioned on the X platform the key price levels to watch for Bitcoin, including $80,000, $74,000, $70,000, $58,000, and $50,000. He stated that if the market rebounds, he will hold existing assets and diversify investments; if the market declines, he will increase holdings of Bitcoin and specific cryptocurrencies.

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