According to posts and short clips published on October 17, 2025, social media personality Andrew Tate warned about this Bitcoin could drop to $26,000 before a bottom forms.
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His clip argues that as long as many traders expect quick rebounds and hold long bets, the market can continue to fall until the optimism disappears.
But it was the “car accident” and “losing your entire family” and having an arm amputated in an accident that sounded disturbing. It was all a metaphor about the reality of investing in Bitcoin and how things could get worse. At least, as he sees it.
About psychology and risk
Tate’s message was mostly dark and ominous. He talked about pain, suffering and how too many expectations can destroy people’s dreams. His message resonates with market psychology: too many people still think the price won’t fall, which is the worst – and that keeps the risk alive.
He described the move as a capitulation or “amputation” – a moment when traders finally give up and positions are vacated. Several crypto shops picked up the clip and reposted short videos of his comments on X and Instagram.
Market data provides context for why his warning attracted attention. Bitcoin recently retreated from highs earlier in October, trading near the $106,000-$107,000 area on October 17, with major liquidations hitting the futures and options desks.
BITCOIN GOES TO $26,000 pic.twitter.com/Ng8ntmjWow
—Andrew Tate (@Cobratate) October 17, 2025
Reports indicate that hundreds of millions have disappeared from leveraged positions during the recent sell-off. That kind of forced selling can amplify moves in both directions.
Market movements and data points
Other outlets pointed to on-site outflows Bitcoin ETFs on days when prices fell, this is evidence that institutional flows can fluctuate quickly and affect liquidity.
Some reporting cited ETF outflows in a single day in the hundreds of millions, underscoring how fragile demand can be in a downturn. At the same time, some market experts argued that these declines create buying opportunities for longer-term players.
Observers were divided on the likelihood. Some analysts warn that a deep correction is possible if broad liquidity dries up or if macro shocks hit risky assets.
Others note that structural changes – such as larger custody flows and ETF frameworks – are creating more buyers than in previous cycles, which could make a plunge to $26,000 unlikely without a major external shock.
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What traders should pay attention to
The key numbers to watch are the near four- and five-digit support levels traders have noticed this week, liquidations in futures, and ETF flows in and out of spot products.
Momentum indicators versus gold and on-chain metrics have also been highlighted by some outlets as signs that sellers are exhausted or just getting started.
In short, Tate’s $26,000 call is a bold, simple prediction based on a sentiment argument. It’s newsworthy because it comes from a widely followed figure and because crypto is volatile right now. But it is one of many scenarios.
Featured image of Gemini, chart from TradingView