[Bitwise Head of Research: Bitcoin Bottom May Be in the $84,000 to $73,000 Range] The Head of Research at Bitwise pointed out that Bitcoin might be nearing the 'maximum pain' sell-off range, with the bottom expected to lie between BlackRock's IBIT cost price of $84,000 and Strategy's BTC cost price of $73,000. These prices are described as 'clearance prices,' akin to a cyclical reset. IBIT saw a single-day outflow of $523 million this week, with a total outflow of $3.3 billion over the past month, accounting for 3.5% of total assets under management. Strategy's net asset value has already fallen below 1, and if prices retest the $73,000 cost price, market sentiment could tighten further. Exchange stablecoin reserves currently stand at $72 billion, and analysts predict BTC may fluctuate between $60,000 and $80,000 by the end of the year.