- The Bittensor price risks a major breakout from the $233 support amid the formation of a classic reversal pattern called head and shoulders.
- A potential bearish crossover between the 20-and-50-day exponential moving average would reinforce the selling pressure on TAO.
- Social media activity and crowd sentiment indicators show a disconnect from institutional positioning
TAO, the native cryptocurrency of the Bittensor protocol, shows low volatility during the Thursday’s U.S. market hours to currently trade at $245. The Bittensor price shows an insignificant loss of 0.20% as the broader market witnessed a slowdown in recovery momentum. The selling pressure intensified as cautious retail investors remained on the sidelines, while whale traders continued to build long positions in TAO.
TAO’s Social Volume Spikes Without Peak Hype
Bittensor is at a pivotal moment in the development of its ecosystem after the network’s first halving event on December 14, 2025. The technical adjustment effectively reduced the daily issuance of TAO tokens from 7,200 to 3,600, creating a sudden bott...
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