Bitcoin’s recent dip is shaking things up across the crypto market. After climbing as high as $109,000 in January, it’s now slipped below $76,000. Some market watchers think it could fall even further, possibly to the $70K range, which could bring more turbulence to altcoins like Bittensor (TAO).
TAO, which powers a decentralized AI network, is currently priced around $182.18 after dropping 16% in the past day. Interestingly, trading volume has jumped over 360%, showing that activity around the token is heating up. On CoinMarketCap, 83% of users still feel bullish about TAO.
With this in mind, we asked AI to predict the TAO price if Bitcoin indeed plunges towards the $70K range. The following are the outcomes across three possible scenarios.
What you'll learn 👉
Pessimistic Scenario for TAO Price
If Bitcoin price drops to $70,000 due to continued liquidations, trade war fears, or weak macroeconomic data, altcoins could extend losses.
In this bearish scenario, Bittensor could fall to $120 per token. This would bring the total value of 2,000 TAO to $240,000. The price might break through support levels due to increased selling pressure, volume gaps, and weak investor confidence. Technical patterns like descending structures may accelerate the decline without strong buyer interest.
Realistic Scenario for TAO Price
If Bitcoin finds support between $70,000 and $75,000, the crypto market could begin to stabilize. The price of TAO may hold its current level or trade within a moderate range.
Under this outcome, TAO would stay near $185 per token. The value of 2,000 TAO tokens would be $370,000. Despite market stress, Bittensor’s fundamentals remain active. The network now includes 75 subnets, offers 17% APR staking rewards, and is supported by Binance Labs. These elements could provide stability during temporary market dips.
Optimistic Scenario for TAO Price
If Bitcoin price bounces quickly from the $70,000 range, TAO could follow with a strong recovery. Renewed demand for AI and decentralized compute networks might drive momentum.
In this case, TAO price could rally to $300 or higher. That would value 2,000 TAO tokens at $600,000. The recent dTAO upgrade, Binance-backed infrastructure, and scarcity of TAO supply could help accelerate gains. AI tokens have seen strong rebounds in past bullish cycles and may do so again if sentiment improves.
What’s Next for TAO?
Traders and analysts are closely monitoring TAO’s reaction to Bitcoin’s movements. While technical levels are under pressure, Bittensor remains supported by a growing ecosystem and validator activity.
With its evolving subnet architecture, improved staking mechanics, and increasing AI adoption, TAO is positioned as one of the key projects to watch. Investors are waiting to see if it can recover faster than other altcoins during the current market downturn. Bitcoin’s next move will likely determine how far and how fast that recovery happens.
Read Also: Kaspa (KAS) Price Prediction for Today (April 7)
Follow us on X (Twitter), CoinMarketCap and Binance Square for more daily crypto updates.
Get all our future calls by joining our FREE Telegram group.
We recommend eToro
Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs.
Copy trading: allows users to copy the trades of leading traders, for free.
User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.
