According to posts and short clips published on October 17, 2025, social media personality Andrew Tate warned that Bitcoin could fall to $26,000 before a bottom 0 Reading: Bitcoin Plunges To $105k As Investors Shift To Gold After Crypto Carnage His clip argues that as long as many traders expect quick rebounds and hold long bets, the market can keep sliding until optimism is gone. But, it was the “car crash” and “losing your entire family” and having an arm amputated in an accident part that sounded 1 was all a metaphor about the reality of investing in Bitcoin and that everything could get 2 least, in the way he sees 3 Psychology & Risk Tate’s message was mostly dark and 4 spoke about pain, suffering and how too much expectation can wreck people’s 5 message enters on market psychology: too many people still thinking price won’t go lower, which is the worst part — and that keeps risk 6 framed the move as a capitulation or “amputation” — a moment when traders finally give up and positions are 7 crypto outlets picked up the clip and reposted short videos of his comments across X and 8 data gives context to why his warning grabbed 9 recently pulled back from highs earlier in October and traded near the $106,000–$107,000 area on October 17, with large liquidations hitting futures and options 10 IS GOING TO $26,000 11 — Andrew Tate (@Cobratate) October 17, 2025 Reports show hundreds of millions cleared from leveraged positions in the recent 12 kind of forced selling can amplify moves in either 13 Moves And Data Points Other outlets pointed out outflows from spot Bitcoin ETFs on days when prices slid, evidence that institutional flows can swing quickly and affect 14 coverage named single-day ETF outflows in the hundreds of millions, underscoring how fragile demand can look in a down 15 the same time, a few market vets argued that these drops create buying chances for longer-term 16 split on 17 analysts warn that a deep correction is possible if broad liquidity dries up or if macro shocks hit risk 18 note that structural change — like larger custody flows and ETF frameworks — creates more buyers than in past cycles, which could make a plunge to $26,000 unlikely without a major external 19 Reading: Biggest Shiba Inu Burn In Months — And It Came From A Coinbase Account What Traders Should Watch Meanwhile, key numbers to watch are support near four-figure and five-figure levels that traders have flagged this week, liquidations across futures, and ETF flows in and out of spot 20 indicators versus gold and on-chain metrics have also been highlighted by some outlets as signs of whether sellers are exhausted or just getting 21 short, Tate’s $26,000 call is a bold, simple forecast built on a sentiment 22 is newsworthy because it came from a widely followed figure and because crypto is volatile right 23 it is one scenario among 24 image from Gemini, chart from TradingView
Story Tags

Latest news and analysis from NewsBTC