{"id":73415,"date":"2026-02-21T17:31:31","date_gmt":"2026-02-21T17:31:31","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=73415"},"modified":"2026-02-21T17:31:31","modified_gmt":"2026-02-21T17:31:31","slug":"expert-trader-who-called-126k-bitcoin-peak-makes-official-bottom-call","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=73415","title":{"rendered":"Expert Trader Who Called $126K Bitcoin Peak Makes Official Bottom Call"},"content":{"rendered":"<div>\n<p>Tony Severino, a Charted Market Technician and Bitcoin trader, was among the rare few analysts who accurately pinpointed the peak in Bitcoin both in terms of timing and at what price.<\/p>\n<p>In a recent X Space, Severino shared his official target for the bear market bottom in BTCUSD. The target includes at what price level the top cryptocurrency is expected to reach, when it will happen, and what the total percentage drawdown will be before it is \u201call said and done.\u201d<\/p>\n<h2>Tony Severino, CMT Calls For $34,000 Bitcoin In October 2026<\/h2>\n<p>In this week\u2019s <a href=\"https:\/\/x.com\/i\/spaces\/1RDGlAADDOkJL?s=20\" target=\"_blank\" rel=\"noopener nofollow\">Market Talk X Space hosted by Wolf Bitcoin<\/a> and Wolf Financial, recurring featured guest and panelist Tony Severino <a href=\"https:\/\/www.tiktok.com\/t\/ZP8xNcDGM\/\" rel=\"nofollow noopener\" target=\"_blank\">revealed<\/a> his \u201cofficial\u201d bottom call for BTC.<\/p>\n<p>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.<\/p>\n<p>While several technical levels exist as to why this zone could be reached, such as this level being the 0.618 Fibonacci retracement, the <a href=\"https:\/\/cmtassociation.org\/cmt-program\/learning-objectives\/?utm_campaign=Feathr+-+Exams+Branded+%26+Unbranded+2026+%28US%29&amp;utm_source=search&amp;utm_medium=search&amp;utm_term=brandedunbranded&amp;utm_content=US2026&amp;cpn_id=691f90acc58c039c4db60948&amp;e_id=68eff9076038ff3918908b1a&amp;gad_source=1&amp;gad_campaignid=22399862364&amp;gbraid=0AAAAADL8FLci9uYNApPNjK2wHsTqeW3Pi&amp;gclid=CjwKCAiAzOXMBhASEiwAe14SaUcRdN741IecMytVUH4VjD8DiA2YX7lCTBcgjgmY4QxLgP1Seq7viRoC-9MQAvD_BwE#brxe-wqzvnr\" target=\"_blank\" rel=\"noopener nofollow\">Charted Market Technician<\/a> points to a statistical formula.<\/p>\n<p>Related Reading | <a href=\"https:\/\/bitcoinist.com\/thinking-of-buying-bitcoin\/\">Thinking Of Buying The Bitcoin Dip? Here\u2019s What This Metric Says<\/a><\/p>\n<p>The first ever bear market drawdown resulted in a -94% decline. Next, in 2014, BTCUSD fell by -86%. 2018\u2019s 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.<\/p>\n<p>The next average in the linear decay sequence would suggest a max drawdown of between -72 and -74%. Severino\u2019s target is on the more conservative end. Linear decay essentially accounts for the diminished volatility in the cryptocurrency market, while maintaining a realistic average.<\/p>\n<p><a href=\"https:\/\/app.slice-app.io\/p\/traders\/uCilBp9lUkZPykc3q1hDIpoOxry2\" rel=\"nofollow noopener\" target=\"_blank\"><img data-recalc-dims=\"1\" fetchpriority=\"high\" decoding=\"async\" class=\"size-large wp-image-665925\" src=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/02\/V0i-NB0vgaj01jeFpz9CN_IMG_1068.png?w=980&amp;resize=980%2C604\" alt=\"Tony Severino CMT Bitcoin Bear Market Bottom October 2026\" width=\"980\" height=\"604\" srcset=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/02\/V0i-NB0vgaj01jeFpz9CN_IMG_1068.png?w=2428 2428w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/02\/V0i-NB0vgaj01jeFpz9CN_IMG_1068.png?w=640 640w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/02\/V0i-NB0vgaj01jeFpz9CN_IMG_1068.png?w=768 768w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/02\/V0i-NB0vgaj01jeFpz9CN_IMG_1068.png?w=980 980w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/02\/V0i-NB0vgaj01jeFpz9CN_IMG_1068.png?w=1536 1536w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/02\/V0i-NB0vgaj01jeFpz9CN_IMG_1068.png?w=2048 2048w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/02\/V0i-NB0vgaj01jeFpz9CN_IMG_1068.png?w=750 750w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/02\/V0i-NB0vgaj01jeFpz9CN_IMG_1068.png?w=1140 1140w\" sizes=\"(max-width: 980px) 100vw, 980px\"><\/a><\/p>\n<h2>Why The Price Prediction Matters \u2013 A Transparent Track Record<\/h2>\n<p>Why does Tony Severino\u2019s targets matter? Severino <a href=\"https:\/\/x.com\/TonySeverinoCMT\/status\/1865791239851069529\" rel=\"nofollow\">called for an initial top in Bitcoin in early 2025 around Trump\u2019s inauguration<\/a>. This was the precise top when comparing BTC against Gold, and was when the bear market started in the BTCUSD trading pair.<\/p>\n<p style=\"text-align: center;\"><a href=\"https:\/\/bitcoinist.com\/ftx-sam-bankman-fried-breaks-silence-on-10-myths\/\">Related Reading | Convicted FTX Founder Sam Bankman-Fried Breaks Silence On \u201810 Myths\u2019<\/a><\/p>\n<p>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.<\/p>\n<p>https:\/\/x.com\/TonySeverinoCMT\/status\/2019512227372335495<\/p>\n<p>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 <a href=\"https:\/\/x.com\/TonySeverinoCMT\/status\/2017219881523982762\" rel=\"nofollow\">he currently has the \u201cbest ROI\u201d<\/a> on the entire platform following a public trade on Silver that gained over 183% (without leverage). <a href=\"https:\/\/app.slice-app.io\/p\/traders\/uCilBp9lUkZPykc3q1hDIpoOxry2\" rel=\"nofollow noopener\" target=\"_blank\">Slice App<\/a> forces transparency and accountability by not allowing mentors to delete or edit posts or trade setups. All of Tony\u2019s trades are public and proven \u2013 making his recent bottom call that much more credible and worth considering.<\/p>\n<p>You can <a href=\"https:\/\/app.slice-app.io\/p\/traders\/uCilBp9lUkZPykc3q1hDIpoOxry2\" rel=\"nofollow noopener\" target=\"_blank\">find Tony Severino on Slice App<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Tony Severino, a Charted Market Technician and Bitcoin trader, was among the rare few analysts who accurately pinpointed the peak in Bitcoin both in terms of timing and at what price. In a recent X Space, Severino shared his official target for the bear market bottom in BTCUSD. The target includes at what price level [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-73415","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/73415","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=73415"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/73415\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=73415"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=73415"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=73415"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}