Expert Who Nailed The Bitcoin Top Now Says Buy At These Levels
Alex Smith
2 months ago
Chris Burniske, cofounder of Placeholder VC and former crypto lead at Ark Invest, is mapping out where he would consider stepping back into Bitcoin if the market keeps sliding, after earning fresh credit on X for calling major turning points this cycle. His framework lands in the mid-$80,000s down to the low-$50,000s, while a separate technical view from analyst Aksel Kibar points to a broader âbase buildingâ process with support clustered in the mid-$70,000s.
Price Levels Where To Buy Bitcoin
Burniske wrote that he is ânot a buyer yet,â but outlined several price areas heâs monitoring. In his view, roughly $80,000 matters as the November 2025 low and a local trough of the current downswing. Below that, he highlighted roughly $74,000, tying it to the April 2025 low and describing it as the âTariff Tantrumâ bottom; he also noted it sits just under Strategyâs (MSTR) stated Bitcoin cost basis of around $76,000.
He then pointed to around $70,000 as the top of the prior $50,000â$70,000 band near the 2021 high, before shifting to a more structural level near $58,000. That zone, he wrote, aligns with the 200-week simple moving average and an on-chain cost basis, with RV around $56,000. Finally, he flagged $50,000 and below as a psychological line, arguing that a break under it would likely revive âdeath of BTCâ narratives.
Iâm not a buyer yet, but if I were to be a buyer, imo the areas to watch for $BTC are:
~$80K: Nov â25 low, local low of this âbearâ ~$74K: April â25 low, Tariff Tantrum low, just below $MSTRâs cost basis (~$76K) ~$70K: Top of $50-70K range, near â21 high ~$58K: 200W SMA &âŚ
â Chris Burniske (@cburniske) January 25, 2026
Burniskeâs posture is deliberately non-committal on timing. âImportantly, I donât care what happens,â he wrote, adding that if Bitcoin rallies he will âride what I have and diversify,â while a deeper unwind would have him buying more Bitcoin and âselect crypto assets.â
The thread also touched altcoins. Asked how he thinks about alts versus Bitcoin, Burniske said itâs âbest imo to buy alts after you think btc is near bottom,â reinforcing that heâs treating BTCâs downside process as the key gating factor for broader risk-taking. On positioning, he said he is sitting âin treasuries, where yield > inflation,â and when asked about an upside level that would force him back in, he replied that he âwouldnât chase,â preferring to hold existing exposure rather than re-risk at higher prices.
Burniskeâs renewed attention followed praise from Anthony Pompliano, who told him: âYou nailed the SOL bottom and the BTC top over this cycle.â Burniskeâs reputation for calling tops is partly tied to an October 2025 post in which he argued the market had likely been structurally damaged after a sharp selloff.
âWe can always get another weak bounce, but Iâve taken action accordingly,â he wrote at the time. âIâll likely get interested in the market again when I see BTC $75K or lower.â
Breakdown Or Bottoming Phase?
Separately, veteran technician Aksel Kibar posted a BTCUSD daily chart on Sunday without additional commentary. When asked directly about a breakout or breakdown, Kibar cautioned against overweighting diagonal formations: âNot giving too much weight to diagonal short-term patterns breakout/breakdown. I think this is part of the base building, searching for a bottom.â
Kibar had previously framed âtechnical supportâ as being âlower between 73.7K and 76.5K,â suggesting that if Bitcoin is indeed in a basing phase, the market may need time and repeated tests of those lower bands before a more durable trend reasserts itself.
At press time, BTC traded at $87,812.
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