Chris Burniske, cofounder of Placeholder VC and former crypto lead at Ark Invest, outlined potential Bitcoin (CRYPTO:BTC) buy zones ranging from the mid-$80,000s to the low-$50,000s after gaining renewed attention for calling major market turning points.
Burniske said he is “not a buyer yet,” but identified $80,000, $74,000, $70,000 and a structural area near $58,000 as levels he is monitoring if the current selloff deepens.
He added that the $58,000 zone aligns with the 200-week simple moving average and on-chain cost basis, while $50,000 remains a key psychological threshold that could revive bearish narratives.
“Importantly, I don’t care what happens,”
Burniske wrote, saying he would ride existing exposure if prices rise or buy more Bitcoin and select crypto assets if the market unwinds further.
“It is best imo to buy alts after you think btc is near bottom,”
Burniske said on altcoins, noting he is currently positioned in treasuries where yields exceed inflation.
His comments followed praise from Anthony Pompliano, who told Burniske:
“You nailed the SOL bottom and the BTC top over this cycle.”
Separately, veteran technician Aksel Kibar said Bitcoin appears to be in a “base building” phase, cautioning against overemphasising short-term patterns and pointing to technical support between roughly $73,700 and $76,500.
At the time of reporting, Bitcoin price was $88,374.27.