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Bitcoin Crushes New Highs... [now what]

Lark Davis · · 46:27 · Watch on YouTube

As of . Updated hourly as new videos are read.

BTC near publication: $123,3904-hour candle close · 6 Oct 2025, 08:00 UTC · BTC/USDT

ETH near publication: $4,5334-hour candle close · 6 Oct 2025, 08:00 UTC · ETH/USDT

On Bitcoin

Views

  • Next weeks (next 2–6 weeks): Leans up (timeframe is our reading): 135K is the next approximate short-term target. 150 to 160K is the next major line in the sand for the Fibonacci on Bitcoin, which is where I expect we can see a next local top. ▶ 06:25 The call was wrong: 123.4k when said, 102k on 5 Nov 2025 (−17.3%).
  • Next months (next 2–6 months): Expects up: I still think we get the next major local top for Bitcoin, Salana, Ethereum, whatever by the end of the year. ▶ 03:21 The call was wrong: 123.4k when said, 78.8k on 3 Feb 2026 (−36.1%).
  • This cycle (next 6–18 months): Leans up: something big enough to convince everybody that it's over when it's not over and we rip again in 2026 because the business cycle has barely started trending up. ▶ 03:32 The call was wrong: 123.4k when said, 85.6k on 6 Oct 2026 (−30.7%).

If this, then that

  • If if this is truly October 2020 (the analog), then no target given (this cycle): If this is truly October 2020, then we have October 2026 to look forward to for a market top that would just break everybody's brains ▶ 04:19

Levels named

  • 150–160k: Resistance, expected to turn price back (major Fibonacci line where a local top is expected): 150 to 160K is the next major line in the sand for the Fibonacci on Bitcoin, which is where I expect we can see a next local top. ▶ 06:28
  • 135k: Target (next approximate short-term target): 135K is the next approximate short-term target. 150 to 160K is the next major line in the sand ▶ 06:25

Their own position: Not said.

On Ethereum

Views

  • Next days (next 1–7 days): Waiting on a level: Okay, so let's see how the next few days play out. ▶ 07:30
  • Next months (next 2–6 months): Expects up: I still think we get the next major local top for Bitcoin, Salana, Ethereum, whatever by the end of the year. ▶ 03:21 The call was wrong: 4.53k when said, 2.32k on 3 Feb 2026 (−48.8%).

If this, then that

  • If if ETH closes a daily candle above the orange line, then 5k (next weeks): if we can close a daily candle above this orange line, that's a potential breakout move. That's a potential move much higher for ETH coming maybe back up to just 5K ▶ 07:13

Levels named

  • 5k: Target (potential breakout above the downtrend line): That's a potential move much higher for ETH coming maybe back up to just 5K ▶ 07:19

Their own position: Not said.