Bitcoin could find initial support near $73,000 and a second level around $67,000 if the first threshold fails, according to crypto investor and analyst Lark Davis. He is monitoring the 200-day exponential moving average, or EMA (a trend measure weighting recent prices), near $73,000. Davis said near-term weakness could continue amid negative developments tied to the Clarity Act and a Federal Reserve rate hike, although he does not view current conditions as severe enough for Bitcoin to establish a new low.