Bitcoin 200 Week EMA Proves Bears Are Rekt
Lark Davis · · 11:26 · Watch on YouTube
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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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