Bittensor is starting to catch more eyes lately, from chart watchers to long-term believers in the protocol. After breaking out of a months-long downtrend, the TAO price action alone is getting people talking. But what’s really adding fuel to the conversation is the upcoming halvening, now just 247 days away.
Two popular voices in the crypto space, CryptoFaibik and zerokn0wledge, shared updates that highlight different sides of the same story. Faibik focused on the chart breakout, calling it a confirmed move higher. On the other hand, zerokn0wledge talked about TAO’s tokenomics and how its structure is similar to Bitcoin’s, with halvenings that gradually reduce the supply over time.
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Bittensor Price Confirmed Breakout Ends Multi-Month Downtrend
The TAO chart, shared by technical analyst Captain Faibik, shows that Bittensor price has broken out of a descending channel that began in late 2023. After forming lower highs and lower lows within parallel downward trendlines, the price surged beyond the upper resistance and held above it.
The move was followed by a healthy consolidation near the breakout area of $260. The former resistance now acts as a support level. If this structure holds, the next major resistance lies around the $300 mark, with a projected upside target of $370. This level would represent a new all-time high.
Faibik’s tweet stated, “$TAO Descending Channel Upside Breakout is Confirmed… Now, Send it to the New All time High,” reflecting the chart’s bullish signal. The post did not mention downside risks, though current support levels may serve as invalidation zones if breached.
Halvening Anticipation Boosts TAO Price Long-Term Outlook
In parallel to the price action, top researcher Zerokn0wledge highlighted on X that TAO’s first halvening is expected on January 5, 2026. With 247 days remaining, the protocol’s fixed supply of 21 million tokens and Bitcoin-style halvening structure are drawing renewed investor interest.
TAO’s model is designed to reduce miner rewards over time while encouraging quality output through subnet competition. The ecosystem features subnet staking, validator rewards, and alpha token emissions, all of which tighten circulating supply and incentivize network growth.
The first $TAO halvening is expected to happen on the 5th of January 2026.
— zerokn0wledge 🪬✨ (@zerokn0wledge_) May 5, 2025
T-247D and the world (incl. myself) is waking up to the power of Bittensor.
An open coordination & incentivized innovation platform that enables the production of best-in-class digital commodities,… pic.twitter.com/rVo6tFvoEF
These mechanics, combined with the fixed supply and staking lockups, create a deflationary environment ahead of the halvening. Market participants are now watching both the technical setup and tokenomics as drivers for potential continuation.
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Combined Catalysts Fuel Bittensor Broader Momentum
The alignment of technical and fundamental narratives may continue to shape the token’s near- and mid-term direction. While the breakout indicates immediate price strength, the halvening introduces a longer-term narrative for reduced supply issuance.
With both traders and protocol participants engaging, TAO price trajectory remains closely watched. Whether the asset sustains its breakout momentum may depend on upcoming resistance levels and continued network adoption leading into the halvening window.
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