cryptoThese Bitcoin Charts Reveal Something Shocking
Lark Davis · · 18:39 · Watch on YouTube
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BTC near publication: $72,8184-hour candle close · 1 Jun 2026, 08:00 UTC · BTC/USDT
On Bitcoin
Changed since their last video: weeks moved down to waiting.
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- Next weeks (next 2–6 weeks): Waiting on a level (timeframe is our reading):
This has not been confirmed yet. I think we need a decent uh daily close under this channel to say yes, it is a confirmed breakdown in the channel.
▶ 04:27
If this, then that
- If the channel support breaks down with a daily close under the channel, then 62k (next weeks):
If it breaks down, the price target is 62k, which approximately lines up with the 200-week simple moving average.
▶ 04:10
Levels named
- 62k: Target (Channel breakdown target of about $10,000 that lines up with the 200-week simple moving average):
If it breaks down, the price target is 62k, which approximately lines up with the 200-week simple moving average.
▶ 04:10
Their own position: Holding. Bitcoin trades uh currently in red, but still not stopped out.