Placeholder Partner: Has not started buying yet; if the market drops significantly, will continue to increase holdings in BTC and some crypto assets

Jan 26, 2026 10:37:08

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Former Ark Invest crypto head and current Placeholder VC partner Chris Burniske stated: "I haven't started buying yet, but if I were a buyer, I think the key price levels for BTC to focus on include: · Around $80,000: the low in November 2025, which is also a local low in this bear market; · Around $74,000: the low in April 2025, during the tariff panic, slightly below MSTR's cost basis (around $76,000); · Around $70,000: the upper end of the $50,000-$70,000 range, close to the 2021 bull market peak; · Around $58,000: the position of the 200-week moving average, which is also the on-chain cost range (realized value around $56,000); · $50,000 and below: the lower end of the weekly range, which has strong psychological significance; if this level is broken, the market may once again see the narrative that Bitcoin is dead.

Importantly, I don't care how the market moves in the short term. If the price continues to rebound from the current position, I will hold my existing positions and gradually diversify; if the market drops significantly, I will choose to continue to accumulate BTC and some selected crypto assets."

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