Bitwise Analyst: Bitcoin Could Bottom Out at IBIT Cost or MSTR Cost
2025-11-21 09:06:11
André Dragosch, head of research for Europe at Bitwise, said he believed the maximum pain point would be at $84,000 for the IBIT cost base or $73,000 for the MSTR cost base. He expected the final bottom to be likely between those two levels. Dragosch noted that these would be "clearance fire prices", equivalent to a full cycle reset.
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