Skip to content
Verdiktum
L
Lark Davis
Claim author · 📅 03.06.2026 · Bitcoin Crash - WTF Just Happened
Hit

"It could just be a short pit stop on the way to even lower prices cuz the 200E simple moving average is still down to $62,000. And the breakdown of the channel, this bad boy here, which we've been tracking for months, the breakdown of the channel, the target for that, of course, is $62,000."

Hit. Lark Davis predicted that Bitcoin's price could drop to $62,000. Historical data shows that after the statement date (June 3, 2026), Bitcoin reached $61,500 on June 4, 2026, and again on June 10, 2026. Furthermore, on June 4, 2026...
👁️ 16 💬 0

Predictions closed

Verification ✦ Analysis generated with AI Pro
Methodology Lark Davis predicted that Bitcoin's price could drop to $62,000. Historical data shows that after the statement date (June 3, 2026), Bitcoin reached $61,500 on June 4, 2026, and again on June 10, 2026. Furthermore, on June 4, 2026, Bitcoin saw a low near $59,100, and on June 7, 2026, its price was $60,861.88. All these values fall within the ±5% tolerance range for the $62,000 target (i.e., $58,900 - $65,100).
Available in the Pro plan Full AI analysis, sources, counterarguments Unlock Pro
🔄 Last review: 20.06.2026 📥 Added: 20.06.2026
🤖
AI-generated analysis: This result is an assessment by a language model, not an expert opinion or a legally binding verdict. Verify sources before making any decisions. Model: gemini-2.5-flash

Content on this platform is for informational and educational purposes only and does not constitute investment, financial, legal, medical or tax advice. Do not make financial or life decisions based solely on this content. Always consult a licensed professional.

Full disclaimer
AI is analyzing your argument…
Source (proof) Plays from the quoted moment
Transcript excerpt English

rse than the collapse in February, just by a tiny fraction. That's crazy, man. That's cra WHAT IS GOING ON OUT HERE, CRYPTO PEOPLE? Oh my goodness. Now, Bitcoin did come down to a very interesting level. Right here is where we bounced at. This, of course, was support back here on March 29th. Whether that ends up being relevant at all, hard to say. It could just be a short pit stop on the way to even lower prices cuz the 200E simple moving average is still down to $62,000. And the breakdown of the channel, this bad boy here, which we've been tracking for months, the breakdown of the channel, the target for that, of course, is $62,000. Now, is everybody front running this? Was that a somehow a magically relevant support level? We're going to find out. I've got a long open. I'll I'll break that down for you here in a minute. But look at the outflows yesterday. Another 519 million, another half billion dollar day, man. I think we're up to about $4.4 billion or something like that

Comments

No comments yet. Be the first!

Sign in to leave a comment.


Community Arguments (AI Feedback)

Log in to use this feature

Login

Related claims by Lark Davis

L
Lark Davis 17.06.2026
Pending
"They're going to cut the rates, guys. They're going to recalculate how inflation is done. They're going to stop paying attention to the job market at all. And they're going to cut the [ __ ] rates and they're going to pump it to an unbelievable degree over the next couple years until Trump's out of office. It'll be the greatest bull run of all time until it isn't. "
🔮 Forecast Economy 🗓️ 31.12.2028
L
Lark Davis 18.06.2026
Pending
"Back in February 2025, Situational Awareness, which is Ashenbrenner's fund, they poured a nice little bit of capital into Anthropic at a $60 billion dollar Well, just filed for an IPO at a valuation approaching $965 billion. "
🔮 Forecast Economy 🗓️ 31.12.2026
L
Lark Davis 03.06.2026
Pending
"Insiders currently own 95% of all shares. The public float's just 5%. Those insiders are sitting on that they cannot sell into the open market. Most IPOs lock insiders up for 180 days. SpaceX, 60 days. 60 days after listing, 20% of eligible insider shares can unlock. That's a lot of money. If the stock rises 30% above IPO price, then another 10% unlocks. Then five separate unlocks hit between 70 days and 135 days. By November of this year, 93% of early release insider shares could already be free to sell. "
⚠️ Warning Economy 🗓️ 30.11.2026
L
Lark Davis 09.06.2026
Pending
"Semiconductors are currently trading 73% above their 200 day moving average. That's the largest stretch since March 2000. Now, if you know your market history, that sentence should make you uncomfortable. Micro, Palunteer, all of it. They're all showing the potential for climax coming soon. This is what a blowoff top kind of looks like in real time. "
⚠️ Warning Economy 🗓️ 31.12.2026