← All videos

Bitcoin Relief Rally Brewing

Lark Davis · · 18:39 · Watch on YouTube

As of . Updated hourly as new videos are read.

BTC near publication: $63,4804-hour candle close · 8 Jun 2026, 12:00 UTC · BTC/USDT

On Bitcoin

Changed since their last video: days flipped down to up.

Views

  • Next days (next 1–7 days): Leans up: Will that be enough to keep the price afloat and to even push us up to a relief rally, perhaps as high as the 20-day EMA up around $69,000 currently? ▶ 00:57 The call was right: 63.5k when said, 66.2k on 15 Jun 2026 (+4.3%).

Levels named

  • 69k: Target (20-day EMA is the possible relief rally high): Will that be enough to keep the price afloat and to even push us up to a relief rally, perhaps as high as the 20-day EMA up around $69,000 currently? ▶ 00:57
  • 60k: Support (buyers stepping in under 60k): We see a lot of buyers step in as soon as Bitcoin goes under 60k, buyers have been stepping in. ▶ 00:53
  • 40k: Support (four-year cycle crowd expects an October bottom near 40k): the psychology of the Bitcoin trade basically dictates that we have to bottom around $40,000, approximately, in October. ▶ 02:43

Their own position: No position. Currently, no trade open on BTC got stopped out two times trying to catch the damn bottom.

Dates named

  • Kevin Warsh's first Fed meeting, undated: Next week, Kevin Warsh is coming in and he's having his first Fed meeting, and that's going to determine a lot of the tone for the rest of the year on what he says and if he cuts rates.
  • Clarity Act, undated: With Clarity Act coming, we might see a bullish catalyst forming up. Perhaps the Bitcoin Strategic Reserve gets announced and we see a big move in BTC.