Bittensor (TAO) Poised for 125% Surge, Says Popular Analyst
Crypto analyst Michaël van de Poppe sees significant upside potential for Bittensor (TAO), a blockchain-based machine-learning network, while also sharing insights on Bitcoin and Ethereum.
In a recent update, Van de Poppe expressed confidence in TAO’s momentum, predicting a surge of over 125% that could propel it to a fresh all-time high.
He believes the growing intersection of crypto and artificial intelligence will be a key driver behind its rise, suggesting the asset could surpass $1,000.
According to his analysis, Bittensor has established strong support around $340 and is currently navigating resistance near $500.
The token is trading at approximately $445, still down 40% from its peak of $758.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitget donates HK$12 million to support fire rescue and reconstruction efforts in Tai Po, Hong Kong
Bitget Spot Margin Announcement on Suspension of ELX/USDT Margin Trading Services
Enjoy perks for new grid traders and receive dual rewards totaling 150 USDT
Bitget Spot Margin Announcement on Suspension of BEAM/USDT, ZEREBRO/USDT, AVAIL/USDT, HIPPO/USDT, ORBS/USDT Margin Trading Services