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

CoinVoice · 2026-01-25T02:28:30+00:00

Partner Chris Burniske on the X platform pointed out several key Bitcoin price levels, considering approximately 80,000, 74,000, 70,000, 58,000, 50,000 and below as worth paying attention to. He stated that he will adjust his position strategy based on market trends.

CoinVoice

2026-01-25 02:28:30

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CoinVoice has learned that Placeholder partner Chris Burniske posted on the X platform stating that he is not a buyer at the moment but considers the following key Bitcoin price levels worth watching: 1. Around $80,000: this is the low point of November 2025, a local bottom of this “bear market.” 2. Around $74,000: this is the low point of April 2025, also the “tariff panic” low, slightly below Strategy’s cost basis (about $76,000). 3. Around $70,000: the top of the $50,000-$70,000 range roughly matches the high of 2021. 4. Around $58,000: this is the 200-week simple moving average (SMA) and on-chain cost basis. 5. Around $50,000 and below: this is a psychological bottom level; falling below this price could reignite narratives 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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