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Bitcoin 200 Week EMA Proves Bears Are Rekt

Lark Davis · · 11:26 · Watch on YouTube

As of . Updated hourly as new videos are read.

BTC near publication: $79,7934-hour candle close · 4 Sep 2026, 20:00 UTC · BTC/USDT

On Bitcoin

Changed since their last video: months moved sideways to up; cycle went from leaning up to expecting up.

Views

  • Next months (next 2–6 months): Leans up: Ain't going to come overnight, but over the next months we could head towards our first overbought reading of the new cycle. ▶ 09:40 Said again while their call of 26 Jun 2026 was open, so it counts once; that call was right: 60.5k when said, 80.7k on 24 Oct 2026 (+33.4%).
  • This cycle (next 6–18 months): Expects up (timeframe is our reading): We ain't just going to 150k this time. I think this time we're going for a quarter milli. ▶ 11:14 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%).

If this, then that

  • If weekly close above $83,000, then no target given (this cycle): And if we get a weekly close above $83,000, well, guess what? It's a pretty damn big deal because that changes the market structure more than retaking the 200-week ▶ 04:20

Levels named

  • 83k: Resistance (weekly close above it would change market structure): And if we get a weekly close above $83,000, well, guess what? It's a pretty damn big deal ▶ 04:20
  • 82.5k: Resistance (price is butting up against this point): Butting up against this price point right here on $82,500. ▶ 01:51
  • 68k: Support (200-week EMA where price spent time under it and bottomed): It was about $68,000. So, any buys under $68,000 will look back on as like, ▶ 01:17

Their own position: Not said.

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