The Trader Who Nailed Bitcoin’s $126K Peak Just Called the Official Bottom
One voice just cut through the market noise with a definitive signal.
The analyst who previously pinpointed Bitcoin's all-time high of $126,000 has made a new, equally bold declaration. This isn't another vague prediction—it's an official bottom call. The same methodology that foresaw the peak is now signaling the trough.
Reading the Charts
The call hinges on a confluence of technical indicators that have historically marked major cycle reversals. It bypasses short-term volatility to focus on macro, on-chain metrics that scream accumulation. Think long-term holder behavior, exchange outflow trends, and realized price models—not the daily fear and greed index that Wall Street loves to overreact to.
A Signal for the Bold
This isn't advice for the faint of heart. It's a conviction play for those who understand crypto's cyclical nature. While traditional finance pundits wring their hands over regulatory headlines—a classic distraction from their own balance sheet woes—this call is built on data, not sentiment.
The bottom is in. The only question left is who's listening. Time to see if the market respects the same logic that predicted the top, or if it gets lost in another quarter of earnings reports from banks that still think a blockchain is something for bicycles.
Tony Severino, CMT Calls For $34,000 Bitcoin In October 2026
In this week’s Market Talk X Space hosted by Wolf Bitcoin and Wolf Financial, recurring featured guest and panelist Tony Severino revealed his “official” bottom call for BTC.
Severino, who is a highly-trained technical analyst focusing on cycles, patterns, and psychology, expects the bear market to end later this year around October 2026. Perhaps more importantly, the price prediction aspect is the result of what Severino expects to be a roughly -72% max drawdown. This figure takes BTCUSD to around $34,000 per coin.
While several technical levels exist as to why this zone could be reached, such as this level being the 0.618 Fibonacci retracement, the Charted Market Technician points to a statistical formula.
Related Reading | Thinking Of Buying The Bitcoin Dip? Here’s What This Metric Says
The first ever bear market drawdown resulted in a -94% decline. Next, in 2014, BTCUSD fell by -86%. 2018’s bear market ended after reaching a full -84% max drawdown. Meanwhile, the last bear market set Bitcoin back -78% and ended with the FTX collapse.
The next average in the linear decay sequence WOULD suggest a max drawdown of between -72 and -74%. Severino’s target is on the more conservative end. Linear decay essentially accounts for the diminished volatility in the cryptocurrency market, while maintaining a realistic average.
Why The Price Prediction Matters – A Transparent Track Record
Why does Tony Severino’s targets matter? Severino called for an initial top in Bitcoin in early 2025 around Trump’s inauguration. This was the precise top when comparing BTC against Gold, and was when the bear market started in the BTCUSD trading pair.
Related Reading | Convicted FTX Founder Sam Bankman-Fried Breaks Silence On ‘10 Myths’
Tony even suggested Bitcoin would bounce in April 2025 based on a TD buy setup on the weekly chart, then warned Bitcoin was topping out once again when it reached $126K in late October.
https://x.com/TonySeverinoCMT/status/2019512227372335495
The skilled trader has recently gained notoriety, sharing a number of high ROI short positions up to 13,000% (using leverage). Tony is also a mentor on Slice App, where he currently has the “best ROI” on the entire platform following a public trade on Silver that gained over 183% (without leverage). Slice App forces transparency and accountability by not allowing mentors to delete or edit posts or trade setups. All of Tony’s trades are public and proven – making his recent bottom call that much more credible and worth considering.
You can find Tony Severino on Slice App.
