Bittensor Price Prediction: $TAO Falls 74% From ATH, What Next?

Bittensor price prediction chart showing trendline break near 195 support

Bittensor is down 6.4% over the past week and currently trading at the level of $199.07, and the coin now sits 73.71% below its all-time high of $757.60, a peak it hasn't touched since early 2024.

This Bittensor Price Prediction looks at the levels that matter right now since the price is testing a trendline that has held for weeks. 

Bittensor runs a decentralized network where AI models train together and get paid in TAO. 

Traders want to know one thing above all else, whether the $195 zone holds.

Bittensor Price Prediction Market Overview

Metric

Value

Current Price

$199.07

7-Day Change

6.4%

24h Range

$197.65 - $208.97

Market Cap

$1.911B

Fully Diluted Valuation

$4.181B

24h Trading Volume

$157.875M

Circulating Supply

9.597M TAO

Total / Max Supply

21M TAO

All Time High

$757.60 (-73.71%)

All Time Low

$30.83 (+545.97%)

Source: Data from CoinGecko

Bittensor Coin News: Latest Update: Subnet Wallet Compromise (Developing, Unverified)

According to a report shared on Jesus Martinez on X, Bittensor subnets 15 and 102 had their owner wallets compromised, with roughly $285,000 drained from the ORO subnet (SN15, a real Bittensor subnet for AI agent evaluation, confirmed via its GitHub) and 2,500+ TAO taken from the ConnitoAI subnet.  Subnet Wallet Compromise

Source: Data From on X

The report appears to be recent and has not yet been independently confirmed by major crypto news outlets or the Opentensor Foundation as of this writing, so treat the exact figures as unverified pending an official statement.

If confirmed, this would add a fresh, subnet-specific security concern on top of the ongoing Root Reborn governance debate already pressuring the $TAO price. 

Why Is the $TAO Price Falling Today?

Negative Alpha in a Risk-Off Situation. The decline was steeper than that of the market overall, with Bitcoin dropping 0.10% and the wider crypto market falling 0.15%. 

Coin-specific outflow of capital is suggested rather than market beta. 

The move is consistent with a defensive rotation, with investors cutting exposure to higher-beta assets like AI tokens ahead of a major macroeconomic catalyst, the June US CPI report that was released today, July 14.

It reads as a market-wide pullback, not a Bittensor-specific problem. Crypto has turned risk-off this week, and altcoins like TAO are underperforming. 

Technically, TAO lost its ascending trendline on the 4H chart, which pulled in fresh selling. Momentum has faded too, with RSI near 31 and open interest showing traders closing positions rather than opening new ones.

This kind of swing isn't new for TAO. 

The token has posted double-digit single-day drops multiple times this year, and it's down close to half its value over the past twelve months, so this pullback sits within its usual range.

Bittensor Price Prediction: Short-Term Chart Analysis (4H)

Price broke below its rising trendline that had held since early July, and that break began the current downward trend.Short-Term Chart Analysis

TAO now sits at a decision point, with a liquidity pocket near $195 that could pull price down for a quick sweep before any bounce. 

The EMA stack (20/50/100/200) is bunched between $206 and $219, all above the current price, keeping the near-term trend tilted bearish. RSI at 31 shows the pair is close to oversold, which can slow further downside.

Bittensor Price Prediction Short-Term levels

Level

Price

Resistance

$207.16 

Resistance

$215.81

Support

$196.65

Support

$191.66

Liquidity Zone

$195.00

As long as TAO holds above $191.66, this reads as a pullback within range. A close below that level opens the door toward deeper support.

TAO Price Prediction: Long-Term Chart Analysis (Daily)

On the daily chart, TAO had been moving inside a large symmetric triangle since February, with lower highs pressing against a flat support line.Long-Term Chart Analysis

Price has now broken out of that triangle to the downside, matching the weakness seen on the shorter timeframe. 

The EMA group sits well above current price here too, confirming the broader trend remains under pressure. 

An RSI near 37 shows momentum has cooled but hasn't reached extreme oversold levels yet.

Bittensor Price Prediction: Long-Term levels

Level

Price

Resistance

$239.11 

Resistance

$272.80

Support

$164.25

Deeper Support

$141.79

the triangle breakdown favors more downside testing, with $164.25 as the level to watch next if $191 gives way on the shorter timeframe

Two-Reader Takeaway

If you're already holding TAO, keep an eye on the $191.66 zone. Losing it puts the daily support levels back in play.

If you're thinking about buying this dip, wait for a confirmed reclaim above $206 first. Jumping in before that risks catching a falling knife.

Bittensor Price Prediction Expert View

As per the market analyst, TAO's structure has weakened on both timeframes at once, which is the clearest signal here. The bull case needs a reclaim of the $206 to $215 resistance band.

The bear case stays active below that zone, with $191.66 as the first defense and $164.25 as the next test if that breaks. 

Watch the $195 liquidity pocket closely, since a quick sweep followed by a reclaim is a common pattern before a short-term bounce.

Disclaimer

This article is for informational purposes only and does not constitute financial advice. Cryptocurrency markets are highly volatile, and you should do your own research before making any investment decision.

Yuvraj Badodiya

About the Author Yuvraj Badodiya

Technical Analyst at coingabbar.com

Yuvraj is a Crypto Market Research Analyst with experience in cryptocurrency, blockchain, stock markets, and Web3 technologies. He focuses on technical analysis, on-chain trends, DeFi, AI-powered crypto projects, and presale research. His articles simplify complex blockchain concepts while providing actionable market insights, price predictions, and investment strategies. Passionate about financial markets and emerging technologies, Yuvraj continuously researches new crypto projects, macroeconomic trends, and market sentiment to help readers make informed decisions. His expertise includes TradingView chart analysis, candlestick patterns, risk management, money management and blockchain ecosystem research, making his content valuable for both beginners and experienced investors.

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