According to Odaily, Placeholder partner Chris Burniske recently shared insights on X, emphasizing the importance of monitoring Bitcoin's support level at $70,000. This level is significant due to its alignment with the peak of the 2021 cycle and the high points between March and October 2024. Burniske noted that market participants often become overly greedy, predicting lower prices than what might actually occur. He advised a strategic approach, suggesting gradual entry at reasonable points.