Bittensor (TAO) Price Prediction: Can ETF Hype Fuel Next Rally?

Bittensor TAO Gains 30% — Analysts Predict Stronger Breakout Ahead

Bittensor (TAO) has suddenly moved back into the spotlight after a strong rally of nearly 30%, pushing the price toward $204. The move comes while the Grayscale ETF filing remains under review, and investors are watching closely.

If institutional money enters the market, could TAO become one of the top-performing AI cryptocurrencies this cycle?

Right after the price reclaimed $200, market sentiment shifted quickly. Traders who previously expected a continued downtrend now see a potential trend reversal.

The combination of rising demand, strong staking participation, and limited circulating supply has created excitement across the crypto community — and this is where the real hype begins.

Bittensor Fundamentals: Supply, Subnets, and ETF Expectations

Bittensor operates differently from traditional crypto projects. Instead of a single token utility, it runs an AI-focused decentralized network made up of about 128 competing subnets. These subnets share roughly $100 million in yearly emissions, which incentivizes developers to build useful AI models.

At the same time, about 76.8% of TAO is staked, meaning most tokens are locked and not actively traded. When supply becomes tight and demand increases — especially if an ETF approval opens institutional access — prices can move faster than expected.

Some investors even compare subnet tokens to individual stocks within a technology sector. The strategy is simple: hold TAO as the base asset while the strongest AI networks emerge and gain value.

Source: X

Why is TAO’s price up today? Falling Channel Breakout Signal

According to the TradingView chart, Bittensor on the daily timeframe is forming a falling channel, a pattern that usually signals a bullish reversal once price breaks the upper trendline.

After repeatedly making lower highs and lower lows, the price recently bounced strongly from the $145–$150 support zone and broke the pattern and climbed back above $200, showing buyers are returning.

Momentum indicators also support this view, with RSI turning upward and MACD beginning a bullish curl.

If the token manages a daily close above the $220 resistance (the channel’s upper boundary), it could confirm the breakout and push toward $240–$260 in the short term, followed by $280–$320 as the next major resistance area.

However, a rejection near $210–$220 would weaken the setup and may lead to a pullback toward $180, while losing $165 support could send the price back to the $140–$150 accumulation range.

Disclaimer: This content is educational, not financial advice. Cryptocurrency investments are risky. Always do your own research before investing.