Bittensor (TAO) is showing resilience for a trend reversal, with the price moving from a bearish to a neutral phase. Its price over the last 24 hours has shown Bittensor (TAO) is showing resilience for a trend reversal, with the price moving from a bearish to a neutral phase. Its price over the last 24 hours has shown

Bittensor (TAO) Set for $400 Rally as Halving Sparks Bullish Momentum

2025/12/13 19:30
  • Bittensor (TAO) is transitioning from a bearish to neutral phase, showing early signs of trend reversal.
  • Technical indicators, including Bollinger Bands and SMAs, suggest a potential upward breakout.
  • Strong project fundamentals and ecosystem growth support long-term adoption, with a potential price target of $400.

Bittensor (TAO) is showing resilience for a trend reversal, with the price moving from a bearish to a neutral phase. Its price over the last 24 hours has shown stability, while over the last week it has surged by 6.75%.

The TAO chart displays that price volatility has been significant, with notable peaks in early and late 2024, followed by declines into mid-2025. Bollinger Bands expand and contract with volatility, highlighting strong price swings during major peaks and troughs, while recent recovery attempts show the price moving up from $244 to $292.

Source: TradingView

The 20 SMA is below the 50 and 100 SMAs, indicating short-term weakness, while the 200 SMA, near $403, serves as a long-term benchmark. A recent bounce off the lower Bollinger Band suggests a possible short-term reversal, reflecting a volatile market with cyclical highs and lows, short-term corrections, and attempts at recovery.

Also Read: Bittensor (TAO) forms a triangle pattern, indicating a potential breakout to $700

TAO Halving Sparks Bullish Momentum With $400 in View

Moreover, the crypto analyst, Michaël van de Poppe, shows that the halving event for TAO is imminent and will soon occur; it should be remembered that it represents an important event that usually acts as a catalyst for blockchain assets. This event will be watched with great interest in the crypto market and will be compared with halving events that have previously occurred on Bitcoin.

From a technical perspective, TAO appears increasingly set for a possible breakout as the daily moving average (MA) appears to be on the verge of breaching upwards. Should this momentum intensify, it will not be very long before a strong and exciting uptrend develops, leading to a possible price movement towards $400. It is widely believed that the halving phase will bring about rapid gains.

Source: Michaël van de Poppe

On a fundamental level, TAO continues to develop its ecosystem at a strong rate and offer tangible value. As it boasts sound project fundamentals and continues to have reduced supply due to halving, market confidence continues to build. The next several weeks could be critical and set the stage for what promises to be an exciting year for TAO in 2026.

Also read: Bittensor (TAO) Price Analysis: Falling Wedge Breakout Points to a Rally to $430

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