cryptoThis Is What Bitcoin Capitulation Looks Like
Lark Davis · · Watch on YouTube
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BTC near publication: $64,3024-hour candle close · 17 Jun 2026, 20:00 UTC · BTC/USDT
On Bitcoin
Changed since their last video: cycle flipped down to up.
Views
- This cycle (next 6–18 months): Leans up (timeframe is our reading):
Everything says that this should be very close to a bottom or close enough that it doesn't make any real difference for anybody with multi-year time frame.
▶ 11:41 Said again while their call of 6 Oct 2025 was open, so it counts once; that call was wrong: 123.4k when said, 85.6k on 6 Oct 2026 (−30.7%).
Levels named
- 200k: Target (possible long-term upside after the bottom):
Maybe you buy it at 60K, it never goes to 40K and you can still cash out at 200K at some point in the future.
▶ 12:32 - 60k: Support (a bottom at 60K in June could still satisfy the four-year cycle theory):
if we were bottoming at 60K in June, to be honest, that would satisfy the four-year cycle theory
▶ 12:13 - 40k: Support (four-year cycle theory calls for a $40,000 bottom in October, which the host says is possible):
Maybe you buy here, you watch it go to 40,000, feel exactly like the people who are laughing at Sailor right now feel.
▶ 12:24
Their own position: Holding. I'm just one dude with some Bitcoin in the market, right?