Bitcoin May Fall to $73,000–$84,000 Range Before Cycle Bottom, Bitwise Analyst Says

Bitcoin could decline further into a $73,000–$84,000 support zone before establishing a cycle bottom, according to André Dragosch, European head of research at Bitwise. The upper boundary of $84,000 matches the average cost basis of BlackRock's IBIT ETF, while the lower threshold of $73,000 represents Strategy's most recent Bitcoin acquisition price. Dragosch characterized these levels as potential fire sale territory that could mark a full market reset.