Prominent Investor Analyzes Bitcoin Support Lines, Considers Buying on Dips

Chris Burniske, co-founder of the cryptocurrency investment firm Placeholder, released an analysis of Bitcoin's (BTC) major support lines on January 25.

While not currently a buyer, Burniske highlighted the following price levels as ones to watch for potential purchases:

・Approximately $80,000: The local low of the current adjustment phase, and the low of November 2025.

・Approximately $74,000: The low of April 2025, a sharp drop due to tariff issues, slightly below the average acquisition cost of MicroStrategy, which is around $76,000.

・Approximately $70,000: The upper limit of the $50,000 to $70,000 range...