← All videos

Did Nvidia Just Save Bitcoin?

Lark Davis · · 47:50 · Watch on YouTube

As of . Updated hourly as new videos are read.

BTC near publication: $92,3204-hour candle close · 20 Nov 2025, 08:00 UTC · BTC/USDT

On Bitcoin

Changed since their last video: cycle went from expecting up to leaning up.

Views

  • This cycle (next 6–18 months): Leans up (timeframe is our reading): There's a lot of good reason to think we're an extended cycle and we talked extensively about that on on the channel here. ▶ 41:16 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 Price defends the line, gets back above the 50-day EMA and above the downtrend line, then no target given (next weeks): price defends this. We get back above the 50 and above this trend line and we're in for a new breakout. ▶ 16:43

Levels named

  • 100k: Resistance (Wants price back above the 50-week EMA to finish the week): price back above the 50we EMA. That's $100,000 approximate. Assuming we get up to $101,000. ▶ 16:01
  • 88k: Support (Price support from December 2024 that was also resistance in March/April): Okay, it's a pretty important level. So dipping down into this zone not the end of the world. We got down to 88K. ▶ 15:45

Their own position: No position. I don't have any trades open. lick my wounds for the day. But we'll look at the charts here in a minute.

Dates named

  • October jobs report delayed to December 16 on 16 Dec 2025: The BLS moved the October jobs report to December with member jobs print now landing on December 16th, a few days after the Fed meeting.
  • Nvidia earnings, undated: Imagine if Nvidia had come in yesterday and massively missed its earnings report. Stocks would have cratered. Crypto would have cratered even harder.