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BTC Chop, Stocks Crash, AI Fears Rise, and Memecoin Extraction continues

Lark Davis · · 1:08:27 · Watch on YouTube

As of . Updated hourly as new videos are read.

BTC near publication: $81,7264-hour candle close · 23 Oct 2026, 12:00 UTC · BTC/USDT

On Bitcoin

Changed since their last video: weeks flipped up to down; cycle went from leaning up to expecting up.

Views

  • Next weeks (next 2–6 weeks): Leans down (timeframe is our reading): the market has a habit of delivering one more flush. and maybe it goes down to like the lower 70 region again just to clean out the leverage all the late buyers. ▶ 13:27 The call was open until 22 Nov 2026, against 81.7k when said.
  • This cycle (next 6–18 months): Expects up (timeframe is our reading): Being certain the low has already printed, which I'm pretty certain that it is, but still can surprise you sometimes. ▶ 13:40 Said again while their call of 6 Oct 2026 was open, so it counts once; that call was open until 6 Oct 2027, against 85.6k when said.

If this, then that

  • If BTC loses support (the 50-day EMA), then no target given (next days): until we lose support, okay, lose support, close longs out, move on with my life, look for short, either shorting down to the 200 day EMA here at 7776K ▶ 01:54

Levels named

  • 126k: Resistance (all-time high from October 2025): That's roughly a third below its all-time high of about $126,000 hit back in October 25. ▶ 10:33

Their own position: Holding. Still long on BTC because I'm looking at BTC and we'll go over my long positions here in a second

Dates named

  • US midterm elections, undated: Once we get past US midterms, probably brings a lot of certainty at least back in the markets.

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