Lark Davis – Bitcoin Be Very Careful Here (29.04.2025 Summary)

🚨 Bitcoin facing strong resistance at $95,000

📰 Arizona and Brazil making big institutional Bitcoin moves

📉 Macro risks still lurking, possible recession later this year

💰 ETF inflows show massive Wall Street demand

📊 Technicals look good but key confirmations still missing

⚙️ Ethereum upgrade (Fusaka) could shift momentum

😬 Market sentiment reflects disbelief phase

💩 Meme coins extremely volatile with pump and dump risk

🪙 Altcoins like Chainlink, AI6Z, Virtuals showing real strength

Bitcoin is stuck under $95,000 with multiple rejections on the daily chart

Lark sees a pullback to around $89,000 as likely and even healthy

Weekly chart looks bullish with a bounce off the 50-week EMA

MACD is curving upward, but no confirmed bullish crossover yet

Despite optimism, this remains a high-risk area without confirmation

Arizona could become the first US state to hold Bitcoin reserves

This move is still pending the governor’s signature

Brazil’s largest bank invested $210 million in Bitcoin

Brazil is leading global institutional adoption with ETFs and crypto laws

These moves could trigger billions in new long-term Bitcoin demand

Economic slowdown may start showing in data by Q3 or Q4

Lark warns that markets are ignoring key macro warning signs

Current market feels like disbelief stage, where many doubt the rally

He draws parallels to past cycles and cautions traders not to get too comfortable

Lark is cautiously bullish on Ethereum

Fusaka upgrade could be a real game changer if launched this year

Ethereum needs to reclaim $1850 or bounce from $1700 to confirm strength

Price target sits around $2500 if momentum holds

Chainlink is nearing a major reversal confirmation above $16

AI6Z and Virtuals both show strong chart setups and weekly bullish signals

Meme coins like Brett, Popcat, and Pangu are delivering huge gains

Lark stresses these are high-risk trades due to low liquidity and fast crashes

30 to 50 percent corrections are common and should be expected

His personal approach includes waiting for deep pullbacks rather than chasing pumps

Lark remains bullish but realistic

Technicals and sentiment favor more upside

But macro uncertainty means traders need to stay adaptable

Keep risk management tight and prepare for both breakouts and pullbacks