Bitcoin Enters Short-Term Standstill After Crash — Chris Burniske Eyes $100K Reaction, May Buy Below $75K

Former Ark Invest crypto lead Chris Burniske framed last Friday’s sell-off as inducing a short-term standstill in the crypto market, constraining the formation of sustained buying pressure after a rapid washout. He noted that monthly candles for BTC and ETH still reflect elevated ranges, with profit-taking contributing to the current consolidation.

Burniske highlighted cross-asset signals that warrant caution: MSTR technical weakness, defensive flows into gold, and a cautious credit market backdrop, while equities often lag in repricing. These indicators suggest a risk-off sentiment and reduced liquidity, which can limit immediate upside following a correction.

On positioning, he described a measured liquidity strategy rather than binary allocation moves, expecting intermittent bounces but monitoring key levels such as $100K BTC and a lower-interest threshold near $75K. He emphasized that the current bull run and the subsequent bear market dynamics may diverge from prior cycles.