Bitcoin Price Watch: Crypto Veteran Chris Burniske Maps Potential Buy Zones as Market Cools
January 26, 2026 – The cryptocurrency world is buzzing today as Chris Burniske, a highly respected figure known for accurately predicting market shifts, has laid out a detailed roadmap for potential Bitcoin (BTC) re-entry points. This comes as the market experiences a cooling period, prompting investors to reassess their strategies. This is breaking news for anyone following the volatile world of digital assets, and archyde.com is bringing you the latest insights.
Burniske’s Price Targets: A Layered Approach
Burniske, co-founder of Placeholder VC and former cryptocurrency leader at Ark Invest, isn’t rushing in to buy. In a recent thread on X (formerly Twitter), he emphasized a deliberately uncommitted stance, stating, “I don’t care what happens.” However, he meticulously outlined several price levels where he’d consider accumulating Bitcoin, should the downturn continue. These aren’t arbitrary numbers; they’re tied to significant technical and fundamental factors.
The first key level Burniske highlighted is around $80,000, aligning with the November 2025 low and representing a potential local trough in the current downtrend. Further down, $74,000 is significant, coinciding with the April 2025 low and just below the cost basis of MicroStrategy (MSTR), a major Bitcoin holding company. He then pointed to $70,000, a previous resistance level near the 2021 high, before diving deeper into more structural support around $58,000, which aligns with the 200-week simple moving average and chain cost basis (around $56,000). Finally, he flagged $50,000 as a psychological barrier – a break below this level could trigger widespread negative sentiment and revive “death of BTC” narratives.
Altcoins and the Bitcoin-First Strategy
Burniske’s analysis extends beyond Bitcoin itself. When questioned about altcoins, he advocated a cautious approach: “best, imo, to buy altcoins after you think btc is near the bottom.” This reinforces his belief that Bitcoin’s performance dictates the overall risk appetite in the crypto market. He’s currently holding cash in treasuries, benefiting from yields exceeding inflation, and has no immediate plans to re-enter at higher prices, preferring to maintain existing exposure.
Is This a Correction or a Base-Building Phase?
The debate isn’t just about price targets; it’s about the market’s overall trajectory. Veteran technician Aksel Kibar offers a contrasting perspective, suggesting the current market activity isn’t a straightforward correction but rather a “base-building” process. Kibar cautions against over-interpreting short-term patterns and believes the market needs time to test support levels – specifically between $73,700 and $76,500 – before a sustained uptrend can emerge. This echoes the classic market cycle of accumulation and consolidation before a breakout.
Burniske’s Track Record & Recent Praise
Burniske’s insights carry weight due to his proven ability to anticipate market turning points. He recently received praise from Anthony Pompliano, who credited him with correctly calling the bottom of Solana (SOL) and the top of Bitcoin in the previous cycle. His October 2025 warning about structural damage following a sharp sell-off further solidified his reputation as a keen market observer. At the time, he stated he’d be interested in re-entering the market when Bitcoin fell to $75,000 or less – a prediction that’s now being closely watched.
Understanding Bitcoin’s Technical Levels: A Primer
For those newer to cryptocurrency investing, understanding these technical levels is crucial. The 200-week simple moving average (SMA) is a widely followed indicator, often considered a long-term trend line. Chain cost basis refers to the average price at which all Bitcoin in circulation were acquired. Psychological levels, like $50,000, represent price points that can significantly influence investor sentiment. These aren’t guarantees, but they provide valuable context for understanding potential support and resistance zones.
As of this writing, BTC is trading at $87,812. The coming weeks will be critical in determining whether Burniske’s predicted buy zones will be tested, or if Kibar’s base-building scenario will play out. Staying informed and understanding these expert perspectives is paramount for navigating the ever-evolving cryptocurrency landscape. Keep checking back with archyde.com for the latest updates and in-depth analysis.
