Will Bitcoin Touch Bottom at $56,000? Chris Burniske’s opinion

Updated

December 3, 2025

Gambar Will Bitcoin Touch Bottom at $56,000? Chris Burniske’s opinion

Jakarta, Pintu News – Chris Burniske of Placeholder VC predicts that Bitcoin still has the potential to drop to around $56,000 before stabilizing. Although the market currently looks bleak, Burniske sees this as a golden opportunity for long-term investors.

Bitcoin Bear Market Isn’t Over

There’s so much pessimism and short-term thinking on cryptoassets these days that the R/R is tilting towards optimism and long-term, sized, high-conviction positions in distressed, public, cryptoassets.

That said, the time isn’t yet now, imo. I shared my view @ $109K that $BTC…
— Chris Burniske (@cburniske) November 30, 2025

Chris Burniske, who is known for his sharp analysis in the crypto world, revealed that although Bitcoin (BTC) is currently at $85,872, there is a possibility that the digital currency will test lower levels. According to him, Bitcoin will only become interesting if its price drops below $75,000, with the potential of touching the 200-week simple moving average which currently stands at around $56,000.

This suggests that the bear market is not completely over and there is still room for further declines. Burniske emphasized that the current situation is not a structural collapse, but rather an orderly adjustment in a calmer bear market. He also warned that the market could go even lower, so investors need to be patient and see how the market develops until 2026.

Also Read: 5 Signals Ethereum (ETH) Has Reached the Bottom After Dropping 28 Percent?

Repricing in the Crypto Market

Furthermore, Burniske discussed the phenomenon of repricing or price adjustments that occur in the crypto market. He gave the example of Monad’s MON token, which is considered to have a high-quality team and superior technology compared to its competitors. However, like many other crypto assets, MON also experienced a significant price drop.

According to Burniske, this price drop is part of a necessary cathartic process and not a disaster. He argues that most cryptocurrencies will fail, similar to illiquid venture investments, and only a few will survive and provide significant returns.

A Golden Opportunity for the Right Investor

In the current market conditions, Burniske advises investors not to rush. Although risks are improving, reaching a convincing bottom may require a deeper drop. He believes that only investors with strong conviction and the right timing will be able to capitalize on this situation to make huge profits in the future.

Burniske emphasized the importance of having a long-term view and optimism at the right time, when the market consensus tends to be pessimistic. This is when savvy investors can capitalize on falling prices to build strong positions in undervalued crypto assets.

Conclusion

While the crypto market is currently full of uncertainty, Chris Burniske points out that it can be a rare opportunity for investors who are patient and have a long-term vision. By understanding the market dynamics and having the right confidence, investors can make significant gains when the market finally stabilizes.

Also Read: 5 Facts about Bitcoin Price Drop to US$ 85,000 – Implications for Crypto Market!

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This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

FAQ

Q1: Who is Chris Burniske?

A1: Chris Burniske is an analyst at Placeholder VC, known for his expertise in crypto asset analysis.

Q2: At what price did Chris Burniske become interested in Bitcoin (BTC)?

A2: Chris Burniske became interested in Bitcoin (BTC) when its price was below $75,000.

Q3: What is a 200-week simple moving average?

A3: The 200-week simple moving average is a technical analysis metric that shows the average closing price of an asset over the last 200 weeks.

Q4: What does repricing mean in the context of crypto markets?

A4: Repricing in crypto markets refers to price adjustments that occur due to changes in market perception or external dynamics that affect the value of crypto assets.

Q5: Why are most cryptocurrencies considered doomed to fail according to Chris Burniske?

A5: Chris Burniske compares crypto assets to liquid venture investments, where high failure rates are common, given the amount of innovation and speculation in the sector.