Jan 26, 2026
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BEARISH 📉 : Chris Burniske plans Bitcoin buys if market slides further
Chris Burniske, cofounder of Placeholder VC, outlines potential entry points for Bitcoin if the market declines:
- $80,000 as a November 2025 low and current downswing trough.
- $74,000 linked to April 2025 low and just below Strategy’s cost basis of $76,000.
- $70,000 representing the top of the previous $50,000–$70,000 range near the 2021 high.
- $58,000 aligning with the 200-week simple moving average and an on-chain cost basis.
- $50,000 and below as a psychological threshold.
Burniske emphasizes flexibility in response to market movements, indicating plans to diversify or increase holdings based on price trends. He suggests buying altcoins after Bitcoin nears bottom.
Veteran technician Aksel Kibar also sees potential support between $73,700 and $76,500, indicating a base-building phase rather than a clear breakout or breakdown.
Current BTC trading price: $87,812.
