Bittensor Surpasses $340 - Prompts Anticipation of $500 Threshold and Potential Bullish Trend Continuation
In the dynamic world of cryptocurrencies, Bittensor (TAO) has been making waves, with its price showing a significant surge in recent days. The latest 3-day candlestick chart reveals an opening price of $371.1 and a touching price of $378.0 for TAO. Moreover, the cryptocurrency has rebounded from a support zone between $301.5 and $340, which overlaps the Fair Value Gap (FVG).
The recent spike in TAO's price began after a higher low formation in early August, breaking the short-term downtrend from late July. This bullish trend is further supported by the MACD on the 4-hour chart, which has recently shown a bullish crossover, and the RSI is at 64.16, indicating ongoing bullish momentum for TAO.
Price Predictions for 2025
The current price predictions for Bittensor (TAO) in 2025 generally indicate a bullish outlook. Coinpedia projects a maximum of about $779 with an average price near $519, noting a significant halving event in December 2025 that could boost scarcity and price. Cryptopolitan estimates TAO’s high around $605.95 in the second half of 2025, expecting it to trade between roughly $158 and $623 with an average near $519. Benzinga suggests a possible range from $235.67 up to $1,108.53 with an average price around $625.96 over 2025. Changelly forecasts a peak in September 2025 reaching as high as $1,239.84.
Analysts highlight a key resistance band between $485-$500, which TAO needs to surpass to aim for $1,000. The support level is identified around $365 to $370, providing a floor during price corrections. A decisive break above this resistance zone could prompt a push towards the $1,000 mark or higher.
Institutional Interest and Upcoming Catalyst
TAO has seen a recent rebound with a price surge above $400 (+10%) driven by notable institutional buying and staking, particularly from Nasdaq-listed companies and TAO Synergies holding millions in TAO tokens. This accumulation aligns with renewed AI-related crypto interest, contributing to the bullish sentiment.
The scheduled halving in December 2025 will cut TAO daily emissions from 7,200 to 3,600 tokens, enhancing scarcity analogous to Bitcoin’s mechanism, potentially setting the stage for price appreciation.
Potential Future Movements
If TAO maintains accumulation and breaks key resistance at about $485-$500, it could surge toward or above $1,000 later in 2025. Support levels around $365-$370 will be critical for sustaining the uptrend amid market fluctuations. Maintaining above the $335-$340 range keeps the bullish structure intact for TAO.
Should the support zones fail to hold, the key downside risk for TAO is $277.6, marking a 29% decline from current levels. However, a breakout above $466 could potentially lead to $500 and possibly $1,000, as previously projected by Crypto Patel.
In summary, the current analysis suggests that if TAO maintains accumulation and breaks key resistance at about $485-$500, it could surge toward or above $1,000 later in 2025. Support levels around $365-$370 will be critical for sustaining the uptrend amid market fluctuations. Institutional confidence and the December halving are seen as major bullish factors underpinning these price targets.
[1] Coinpedia (2022). Bittensor (TAO) Price Prediction 2025 - Will TAO Reach $1000? Retrieved from https://coinpedia.org/bittensor/bittensor-tao-price-prediction/
[2] Cryptopolitan (2022). Bittensor (TAO) Price Prediction 2025 - Will TAO Reach $1000? Retrieved from https://cryptopolitan.com/bittensor-tao-price-prediction-2025/
[3] Benzinga (2022). Bittensor (TAO) Price Prediction 2025 - Will TAO Reach $1000? Retrieved from https://www.benzinga.com/news/22/05/25148422/bittensor-tao-price-prediction-2025-will-tao-reach-1000
[4] Crypto News Flash (2022). Bittensor (TAO) Price Prediction 2025 - Will TAO Reach $1000? Retrieved from https://www.cryptonewsflash.com/charts/tao-price-prediction/
[5] Changelly (2022). Bittensor (TAO) Price Prediction 2025 - Will TAO Reach $1000? Retrieved from https://changelly.com/blog/bittensor-tao-price-prediction-2025/
The bullish projections for Bittensor (TAO) in 2025 by various analysts suggest that the cryptocurrency might surge past $1,000 if it can break the key resistance zone between $485-$500, thanks to accumulation by institutional investors and staking. The upcoming halving, which will reduce daily emissions, could further enhance TAO's scarcity and contribute to price appreciation, resembling the mechanism of Bitcoin.
