Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

Bitwise analyst: Bitcoin may form a "final bottom" in the range of $73,000 to $84,000.

On November 21, André Dragosch, Head of Research at Bitwise Europe, stated that the “max pain” range for Bitcoin could be around $84,000 for the IBIT holdings cost, or about $73,000 for MicroStrategy's cost. Once either of these positions is reached, the market may welcome the final bottom. He referred to these prices as similar to “close all positions” price, which could indicate a complete reset of this cycle.

BTC-10.11%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)