Momentum seems to be picking up in the altcoin space, and Bittensor (TAO) stands out. Crypto analysts The Wolf and Satoshi Flipper have both shared chart setups that hint at strength building over the coming weeks. Their outlook lines up with broader market patterns that suggest smaller-cap tokens like TAO could be setting up for a strong summer.
Even though the overall market sentiment is still uncertain, TAO price action is showing signs of life. It’s bounced off key support levels more than once, and we’re now seeing possible breakout signals forming on both the higher and lower timeframes.
What you'll learn 👉
Bittensor Price Market Structure Mirrors Past Cycles
Top analyst The Wolf shared a weekly chart of TOTAL3, which tracks the total crypto market cap excluding the top 10 coins. The chart displays two symmetrical descending legs followed by rounded bottom recoveries. Each prior downtrend was followed by a breakout and upward continuation.
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Current price action appears to be repeating that cycle. The TOTAL3 index is holding above the $220–$240B zone after testing this area multiple times. Weekly RSI is recovering from the mid-40s and forming a bullish divergence. Volume levels have stayed steady, suggesting quiet accumulation rather than distribution. If history repeats, the TOTAL3 pattern could signal an altcoin recovery that benefits tokens like TAO.
TAO Bull Flag Shows Breakout Potential
On the 12H TAO chart, crypto expert Satoshi Flipper highlights a descending parallel channel forming since May. Bittensor Price has bounced cleanly off support around $360, continuing to respect the lower boundary of the flag pattern. TAO is currently approaching the midline of the channel and holding higher lows.
Resistance between $400 and $420 remains key for confirmation. A close above $440 with volume could validate the breakout scenario. The bullish setup suggests a measured move continuation from the April rally, which saw TAO price rise sharply from previous lows.
Moreover, both charts emphasize a return of structure, support, and rotation. With RSI building and no major breakdowns confirmed, traders are watching for a possible shift in momentum. If TAO price closes above resistance, near-term targets could expand toward former highs, assuming market-wide follow-through. Tweet commentary from both analysts reinforces that altcoins may be entering a seasonally favorable window, with TAO showing early positioning.
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