Placeholder Partner: Not Yet Started Buying, Will Continue to Accumulate BTC and Some Crypto Assets if Market Crashes Significantly

Odaily News On January 26th, Chris Burniske, former head of crypto at Ark Invest and current partner at Placeholder VC, stated that he has not yet begun a new round of buying, but if the market experiences a significant correction, he will consider continuing to accumulate BTC and some selected crypto assets.

Burniske pointed out that from a buyer's perspective, key price levels for BTC worth watching include: around $80,000 (the low point in November 2025 and the cyclical low of this phase); around $74,000 (the low point in April 2025, formed during the "tariff panic" period, slightly below MSTR's cost basis of around $76,000); around $70,000 (the upper bound of the $50,000-$70,000 range, close to the 2021 bull market high); around $58,000 (near the 200-week moving average, also close to the on-chain realized value of approximately $56,000); and $50,000 or below (the lower bound of the weekly range, holding strong psychological significance, a break below which could reignite "Bitcoin is dead" discussions).

He emphasized that he is not concerned with the short-term direction of market fluctuations: if the price continues to rebound from current levels, he will maintain existing positions and gradually diversify allocations; if the market experiences a significant decline, he is inclined to continue accumulating BTC and some favored crypto assets.