Tony Severino, a skilled market analyst and Bitcoin trader, was one of the few experts who correctly predicted Bitcoin’s highest price and when it would reach it.
During a recent discussion, Severino revealed his prediction for the lowest price Bitcoin (BTCUSD) will reach in this bear market. He specified the expected price, the timeframe for hitting that low, and the overall percentage decline he anticipates before the market recovers.
Tony Severino, CMT Calls For $34,000 Bitcoin In October 2026
As a researcher following the cryptocurrency market, I listened in on this week’s Market Talk X Space with Wolf Bitcoin and Wolf Financial. During the discussion, Tony Severino, a frequent guest on the panel, publicly stated his belief that Bitcoin has reached its lowest price point – what he’s calling the ‘official’ bottom.
Severino, a technical analyst specializing in market cycles, patterns, and investor behavior, believes the current bear market will likely bottom out around October 2026. He predicts a maximum price drop of about 72%, which would bring the price of Bitcoin down to approximately $34,000. This price prediction is based on his analysis of potential market declines.
There are several technical reasons this price level might be reached, including its connection to the 0.618 Fibonacci retracement. However, the Charted Market Technician highlights a specific statistical formula as the key factor.
As a crypto investor, I’ve seen some tough times with Bitcoin. Looking back, the very first bear market was brutal – a massive 94% drop! Then in 2014, we saw an 86% fall. 2018 wasn’t much better, hitting an 84% drawdown. And most recently, the last bear market, which coincided with the FTX collapse, sent Bitcoin down 78%. It’s definitely a volatile asset, but I’m still hopeful for the future.
Based on the current trend, the next expected low point in this sequence could be a drop of 72 to 74%. Severino’s prediction is a bit more cautious. This method, called linear decay, considers that cryptocurrency price swings tend to get smaller over time, while still providing a reasonable estimate.
Why The Price Prediction Matters – A Transparent Track Record
Why are Tony Severino’s predictions important? Severino accurately predicted a peak for Bitcoin in early 2025, coinciding with the presidential inauguration. This peak also marked the point where Bitcoin’s performance compared to gold began to decline, and the start of a downward trend for Bitcoin trading against the US dollar.
Tony predicted Bitcoin might recover around April 2025, pointing to a specific buying signal on its weekly chart. However, he later cautioned that Bitcoin was reaching its peak when it hit $126,000 in late October.
Closed my remaining short for now and just hedged long with a tiny position
It’s yet another new record for me
— Tony Severino, CMT (@TonySeverinoCMT) February 5, 2026
This trader has quickly become well-known for successfully predicting market downturns and sharing profitable short-selling opportunities, with some returns reaching as high as 13,000% when using leverage. He also mentors others on the Slice App, where he currently has the highest return on investment of any mentor – recently earning over 183% on a silver trade without using leverage. Slice App ensures honesty and responsibility by preventing mentors from deleting or changing their posts or trade strategies. Because all of this trader’s activity is public and verifiable, his recent prediction of a market low is particularly reliable and deserves attention.
You can find Tony Severino on Slice App.
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2026-02-21 21:17