{"id":70093,"date":"2026-01-30T17:31:33","date_gmt":"2026-01-30T17:31:33","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=70093"},"modified":"2026-01-30T17:31:33","modified_gmt":"2026-01-30T17:31:33","slug":"zero-gains-left-for-bitcoin-etf-buyers-and-80000-may-be-next-analyst-warns","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=70093","title":{"rendered":"Zero Gains Left For Bitcoin ETF Buyers And $80,000 May Be Next, Analyst Warns"},"content":{"rendered":"<div>\n<p><strong>Bitcoin <\/strong><a class=\"ticker-link\" data-ticker=\"BTC\" data-exchange=\"CRYPTO\" href=\"https:\/\/www.benzinga.com\/quote\/BTC-USD\" target=\"_blank\" rel=\"noopener\">(CRYPTO: <\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) ETF holders are now underwater with the average purchase price at $90,200 while BTC trades at $84,000, according to Bianco Research\u2019s <strong>Jim Bianco<\/strong>.<\/p>\n<h3 class=\"wp-block-heading\">The Profitless Reality<\/h3>\n<p>Bianco broke down the numbers across three <a href=\"https:\/\/x.com\/biancoresearch\/status\/2016924620570386636\">posts<\/a> on X, pointing out the average Bitcoin ETF buyer since January 2024 is down roughly $5,000, or about 7% underwater.<\/p>\n<p><strong>Strategy <\/strong><a href=\"https:\/\/www.benzinga.com\/quote\/MSTR\" target=\"_blank\" class=\"ticker-link\" data-ticker=\"MSTR\" data-exchange=\"NASDAQ\" rel=\"noopener\">(NASDAQ:<\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/MSTR\">MSTR<\/a>), the largest digital asset treasury, holds Bitcoin at an average purchase price of $76,020. The company sits on roughly $8,000 profit per coin, or about 12% gain.<\/p>\n<p>Together, Strategy and the Bitcoin ETFs control roughly 10% of all Bitcoin in circulation.<\/p>\n<p>However, Bianco\u2019s data shows they now have no unrealized profits collectively.<\/p>\n<h3 class=\"wp-block-heading\">The $84,500 Defense Line<\/h3>\n<p>Historical patterns suggest the average cost basis acts as critical support.\u00a0<\/p>\n<p>In September 2024, when BTC fell below the ETF\u2019s average purchase level, the token consolidated &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/26\/01\/50273783\/zero-gains-left-for-bitcoin-etf-buyers-and-80000-may-be-next-analyst-warns?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=channel\" alt=\"Zero\" gains left for bitcoin etf buyers and may be next analyst warns>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin (CRYPTO: BTC) ETF holders are now underwater with the average purchase price at $90,200 while BTC trades at $84,000, according to Bianco Research\u2019s Jim Bianco. The Profitless Reality Bianco broke down the numbers across three posts on X, pointing out the average Bitcoin ETF buyer since January 2024 is down roughly $5,000, or about [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-70093","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/70093","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=70093"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/70093\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=70093"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=70093"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=70093"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}