Placeholder Partner: Crypto Market Could See a Rebound, But 'Bloodbath' May Not Be Over

BlockBeats News, February 6th, former Ark Invest crypto lead and current Placeholder VC partner Chris Burniske said: "Watching closely, but not buying in yet. Expect a bounce, but fear this 'washout' isn't over yet."

Previously reported, on January 26th, Chris Burniske stated, "I haven't started buying in yet, focusing on key support levels at $80,000, $74,000, $70,000, $58,000, and $50,000 and below. It's important to note that I'm not concerned about the short-term market movement. If the price continues to bounce from the current position, I will hold my existing positions and gradually diversify my investments; if the market experiences a significant decline, I will choose to continue buying more BTC and select few crypto assets."