This Analyst Boldly Predicts That Bittensor (TAO) Price Could Hit $750 Again in 2025 – Here’s Why
Top analyst TraderPA has predicted on X (formerly Twitter) that Bittensor’s price will hit $750 in 2025. He backed up this claim with technical analysis showing price patterns and market trends.
Looking at the charts, TAO has experienced a sustained downtrend over recent months, marked by a downward-sloping trendline. A critical moment occurred when the price dipped sharply below a key support zone, only to recover quickly. This sharp move below the support level may suggest a liquidity grab, often used by market participants to trigger stop-loss orders before a reversal.
Following this recovery, TAO’s price action shows signs of bullish momentum as the candle reclaims levels above the support zone. The Bittensor chart also displays a green upward arrow, reflecting an anticipated breakout above the trendline, which could lead to further upward movement toward higher resistance levels.
What you'll learn 👉
Bittensor Key Support and Resistance Levels Identified
The analysis identifies a strong support area marked by a gray rectangular zone. While the price briefly dropped below this zone, the swift recovery indicates strong buyer interest at lower levels.
Above this, two horizontal red lines highlight critical resistance levels. The first resistance lies below $750, while the uppermost line sits at the $750 level itself. Overcoming these levels will be necessary for TAO to achieve the projected target.
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Tweet Suggests Confidence in Long-Term Growth
TraderPA’s tweet asserts a bullish outlook, stating, “$TAO will hit $750 again in 2025. Bookmark this post.” This statement aligns with the chart’s technical signals and suggests strong conviction in $TAO’s long-term potential. While the chart focuses on technical indicators, the tweet may also hint at broader confidence in TAO’s market fundamentals.
The combination of a detailed technical analysis and the trader’s confident tweet presents a bullish outlook for TAO. If market conditions remain favorable, the outlined resistance levels and upward momentum may guide TAO’s price toward the anticipated $750 target by 2025.
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