🔎 Analysis by Bitwise Research Director, Dr. Andre Dragash, on Bitcoin: The bottom of the Bitcoin market is near! The average purchase price of the Bitcoins held by BlackRock’s spot ETF is around $84,000, and the average purchase price of MicroStrategy’s Bitcoins (the largest corporate Bitcoin holder in the world) is around $73,000. It is likely that Bitcoin’s bottom will form somewhere between these two price levels!