According to posts and short clips published on October 17, 2025, one of the pioneers of social networking sites, Andrew Tate, warned against this. Bitcoin It could fall to $26,000 before a bottom is formed.
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His piece argues that as long as many traders expect quick bounces and hold long bets, the market can continue to decline until optimism disappears.
However, it was the “car accident”, “losing your entire family” and having an arm amputated in part of the accident that seemed upsetting. It was all a metaphor for the reality of investing in Bitcoin and that everything could get worse. At least the way he sees it.
In psychology and risk
Tate’s message was mostly dark and foreboding. He talked about pain and suffering and how too many expectations can destroy people’s dreams. His message taps into market psychology: a lot of people still believe the price won’t go down, which is the worst of it – and that keeps the risk alive.
He coined this move as surrender or “amputation” – the moment when traders finally give up and positions are liquidated. Several cryptocurrency outlets picked up the clip and reposted short videos of his comments across X and Instagram.
Market data gives the context that makes his warning attention-grabbing. Bitcoin recently pulled back from its highs from earlier in October and traded near the $106,000 to $107,000 area on October 17, with significant liquidations hitting the futures and options desks.
Bitcoin will reach $26,000 pic.twitter.com/Ng8ntmjWow
– Andrew Tate (@Cobratate) October 17, 2025
Reports show hundreds of millions of leveraged positions being liquidated in the recent sell-off. This type of forced selling can amplify moves in either direction.
Market movements and data points
Other outlets noted outflows from the spot Bitcoin ETFs On days when prices fell, this was evidence that institutional flows could swing quickly and impact liquidity.
Some coverage described single-day outflows from ETFs in the hundreds of millions, underscoring how fragile demand can appear in a downturn. Meanwhile, a few market experts argued that these declines create buying opportunities for long-term players.
Observers were divided over the possibility. Some analysts warn that a deep correction could occur if broad liquidity dries up or if macro shocks hit risky assets.
Others point out that structural change — such as larger custody flows and ETF frameworks — is creating more buyers than in previous cycles, which could make a drop to $26K unlikely without a significant external shock.
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What traders should watch
Meanwhile, the key numbers to watch are support near the four- and five-figure levels that traders have pointed to this week, liquidation across futures, and ETF flows in and out of spot products.
Momentum indicators against gold and on-chain metrics have also been highlighted by some outlets as signs of whether sellers are exhausted or just getting started.
In short, Tate’s $26,000 request is a bold and simple prediction based on the sentiment argument. It’s newsworthy because it comes from a widely followed figure and because cryptocurrencies are so volatile right now. But it is one scenario among many.
Featured image from Gemini, chart from TradingView
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