Expert Trader Who Called $126K Bitcoin Top Makes Bottom Call

Tony Severino, a Chartered Market Technician and Bitcoin trader, accurately predicted the peak of Bitcoin in terms of timing and price.

In a recent Market Talk X Space, Severino shared his projected bear market bottom for BTCUSD, including the expected price level, timing, and percentage drawdown.

Tony Severino, CMT Predicts $34,000 Bitcoin Price In October 2026

In a session hosted by Wolf Bitcoin and Wolf Financial, Tony Severino disclosed his projected bottom call for BTC.

Severino, a skilled technical analyst focusing on cycles, patterns, and psychology, anticipates the bear market to conclude around October 2026. His price prediction suggests a maximum drawdown of approximately -72%, bringing BTCUSD to $34,000 per coin.

Several technical factors support this target, including the 0.618 Fibonacci retracement level, along with a statistical formula.

Severino’s prediction aligns with a historical linear decay sequence, with previous bear markets experiencing drawdowns of -94%, -86%, -84%, and -78%. His conservative target of -72% reflects the diminishing volatility in the cryptocurrency market.

Significance of the Price Prediction – A Transparent Track Record

Tony Severino’s forecasts hold weight due to his past accuracy. He correctly identified the Bitcoin peak in early 2025, signaling the start of the bear market.

Severino’s previous calls, such as predicting a bounce in April 2025 and warning of a top at $126K in late October, demonstrate his expertise.

Closed my remaining short for now and just hedged long with a tiny position

It’s yet another new record for me https://t.co/aduKoBc9T7 pic.twitter.com/EDq0riNAKE

— Tony Severino, CMT (@TonySeverinoCMT) February 5, 2026

Severino’s recent success includes high ROI short positions up to 13,000% and a significant trade on Silver with over 183% gains. His transparency on Slice App enhances his credibility, as all trades are public and verified.

Follow Tony Severino on Slice App for more insights.

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