Bitwise analyst: Bitcoin may bottom out at the IBIT cost price or the MSTR cost price
Jinse Finance reported that André Dragosch, Head of Research for Europe at Bitwise, stated that he believes the maximum pain point will be reached when the IBIT cost basis hits $84,000 or the MSTR cost basis hits $73,000. He expects that the final bottom is likely to appear between these two price levels. Dragosch pointed out that these price levels will be "capitulation prices," equivalent to a complete cycle reset.
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