Tony Severino, Chartered Market Technician and Bitcoin trader, was among the rare few analysts who accurately pinpointed Bitcoin’s peak both in terms of time and at what price.
In the latest X Space, Severino shared his official bear market target for BTCUSD. Targets include what price level the top cryptocurrency is expected to reach, when it will happen, and what the total percentage will be before “all is said and done.”
Tony Severino, CMT Calls for 34,000 Bitcoin by October 2026
In this week’s Market Talk X Space hosted by Wolf Bitcoin and Wolf Financial, recurring guest and panelist Tony Severino revealed his “official” call for BTC.
Severino, a highly trained technical analyst who specializes in cycles, patterns, and psychology, expects the bear market to end later this year in October 2026. Perhaps more importantly, the price prediction feature is the result of what Severino expects to be about a -72% major decline. This figure takes BTCUSD to around $34,000 per coin.
Although several technical levels exist as to why this area can be reached, such as this level being a retracement of the 0.618 Fibonacci, the Chartered Market Technician points to a mathematical formula.
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The first bear market decline resulted in a 94 percent decline. Next, in 2014, BTCUSD fell by 86%. The 2018 bear market ended after reaching a total decline of -84%. Meanwhile, the last bear market put Bitcoin back -78% and ended with the fall of FTX.
The next estimate in the decay sequence would suggest a significant drop between -72 and -74%. Severino’s goal is at tight end. Linear decay actually results in reduced volatility in the cryptocurrency market, while maintaining a realistic ratio.
Why Price Forecasting Matters – A Clear Track Record
Why is Tony Severino’s goal important? Severino called for the first top in Bitcoin in early 2025 at the time of Trump’s inauguration. This was a clear high for BTC and Gold, and it was when the bear market started in BTCUSD trading.
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Tony even suggested that Bitcoin will bounce in April 2025 based on the TD buy setup on the weekly chart, then warned that Bitcoin will break out again when it reaches $126K in late October.
I closed my remaining short term for the time being and just hedged for a long time with a small area
It’s another new record for me pic.twitter.com/EDq0riNAKE
— Tony Severino, CMT (@TonySeverinoCMT) February 5, 2026
A skilled trader recently gained fame, sharing a number of short positions with an ROI of up to 13,000% (using leverage). Tony is also a consultant at Slice App, where he currently has the “leading ROI” across the platform following a public trade in Silver that has gained over 183% (without leverage). The Slice App enforces transparency and accountability by not allowing advisors to delete or edit posts or trade setups. All of Tony’s trades are public and proven – making his latest call the most credible and worth considering.
You can find Tony Severino on the Slice App.
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