Innovative Insights: Tony Severino’s Bitcoin Market Predictions
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Spotlight on Tony Severino: A Market Technician’s Accurate Forecasts
Tony Severino, a distinguished Chartered Market Technician and seasoned Bitcoin trader, is famed for his uncanny ability to accurately forecast Bitcoin market peaks, both in timing and price. During a recent session in the X Space virtual platform, Severino shared his insights on the anticipated bear market bottom for BTCUSD. He elaborated on the expected price level for Bitcoin, the timeline for reaching this point, and the overall percentage decline before stabilization is achieved.
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Severino’s Bold Prediction: Bitcoin to Hit $34,000 by October 2026
In the Market Talk X Space hosted by Wolf Bitcoin and Wolf Financial, Tony Severino, a recurring expert guest, unveiled his official prediction for Bitcoin’s market bottom. Leveraging his expertise in technical analysis, cycle patterns, and market psychology, Severino anticipates the bear market’s culmination around October 2026. A critical aspect of his prediction is a projected -72% maximum drawdown, suggesting Bitcoin will stabilize at approximately $34,000 per coin.
While several technical indicators support this forecast, including the 0.618 Fibonacci retracement level, Severino highlights a statistical approach to back his prediction. Historically, Bitcoin has experienced significant bear market declines, including a -94% drop during the first bear market, followed by -86% in 2014, and -84% in 2018. The most recent bear market, exacerbated by the FTX collapse, saw a -78% decline. Analyzing this trend suggests a potential drawdown of between -72% and -74%, with Severino’s forecast being on the conservative side, factoring in reduced market volatility.
The Significance of Accurate Market Forecasting
Why are Tony Severino’s predictions noteworthy? His foresight in early 2025 accurately identified an initial Bitcoin peak coinciding with then-President Trump’s inauguration. This marked the peak when comparing Bitcoin against Gold and signaled the start of the BTCUSD bear market. Severino also foresaw a Bitcoin rebound in April 2025, based on a TD buy setup on the weekly chart, and later cautioned about another market peak at $126K in late October.
Severino’s proficiency extends beyond forecasting, with a reputation for high-return short positions, achieving up to 13,000% ROI using leverage. As a mentor on the Slice App, he boasts the platform’s highest ROI, highlighted by a public trade on Silver that yielded over 183% returns without leverage. The Slice App enforces transparency and accountability by preventing mentors from deleting or editing trades or setups, ensuring all of Tony’s trades are public and verifiable, thus enhancing the credibility of his market predictions.
Discover more about Tony Severino’s strategies on the Slice App.
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