Bittensor (TAO) Reverses Trend as Bulls Regain Control
Bittensor (TAO) appears to be regaining strong momentum after months of consolidation, with analysts pointing to a potential trend reversal that could mark the beginning of a sustained uptrend.
The token, which powers the decentralized machine-learning network Bittensor, has seen a sharp 13% daily rise, currently trading near $393.
According to market analyst Michaël van de Poppe, TAO may have already reached its bottom. In a recent post, he highlighted that the asset has broken above its long-standing downtrend and crossed the 20-week moving average — a technical level often associated with renewed bullish momentum.
“The BTC pair looks ready to double,” van de Poppe noted, adding that the structure now mirrors the early stages of a new impulse phase. His comments come as traders observe rising trading volumes and a Relative Strength Index (RSI) nearing 70, signaling increasing buying pressure but not yet entering overbought territory.
On the daily chart, TAO has reclaimed a critical resistance zone around $380–$400, an area that previously capped multiple rally attempts throughout mid-2025.
A decisive close above this level could pave the way toward the $500 region, a key psychological barrier and potential reversal confirmation point.
The Bittensor ecosystem, known for rewarding AI model contributions through blockchain-based incentives, has continued to expand its community and on-chain activity. Despite broader market uncertainty, the project’s fundamentals remain solid, aligning with the recent technical recovery.
If the bullish scenario holds, TAO could soon transition from a long-term accumulation phase to a medium-term breakout, potentially positioning it as one of the stronger-performing altcoins heading into Q4.
Alex is Editor-in-Chief of Coindoo and co-founder of Millennial Media Group, with nearly a decade of experience covering financial markets - crypto first, then everything else. It started in 2016 with Bitcoin. Like most people at the time, he didn't fully understand it - so he kept digging. Blockchain, tokenomics, the projects, the cycles. That curiosity never stopped, and eventually pulled him into traditional markets too: equities, commodities, macro. Not because he left crypto behind, but because you can't properly understand one without the other. What drives him is straightforward: he wants to know why something is happening, not just that it's happening. Most market coverage stops at the headline - price up, price down, here's a chart. Alex finds that kind of reporting actively unhelpful. If you walk away from an article without understanding the mechanism behind the move, what did you actually learn? He holds a degree in Tourism from New Bulgarian University - not the most obvious path into financial markets, but markets have a way of pulling in people who are simply too curious to stay out. He has authored over 200 in-depth analyses and more than 10,000 articles across crypto and traditional finance. He still thinks every day in markets teaches him something new. That's probably why he hasn't stopped.
