Bitwise Analyst: Bitcoin Could Be Forming ‘Ultimate Bottom’ in $73,000 to $84,000 Range

BlockBeats News, November 21st, Bitwise's European Head of Research André Dragosch stated that the "max pain" range for Bitcoin may be around $84,000 for IBIT's cost basis or around $73,000 for MicroStrategy's cost basis.

Once either of these levels is reached, the market may see the ultimate bottom. He referred to these prices as potential "liquidation prices," which could signify a complete reset of the current cycle.