Bittensor (TAO) Price Forecast: Expert Predicts $3k Target, But There’s a Catch

TLDR:

• TAO surged 200% in 2 months, outperforming most AI-linked cryptocurrencies
• Analyst targets $3,000 if TAO holds above key support at $200
• Fibonacci analysis flags $284 and $230 as potential retracement zones
• Trading volume dropped 13.4%, hinting at near-term market hesitation

Bittensor (TAO) has emerged as one of the standout performers in the artificial intelligence crypto sector this cycle. The token has delivered substantial gains that have attracted market analysts and investors. 

Despite recent price volatility, experts maintain bullish long-term projections for the AI-focused cryptocurrency. However, technical analysis suggests potential short-term challenges ahead. Market conditions indicate that price movements could occur in either direction as TAO navigates critical support and resistance levels.

Bittensor Price Shows Strong Rally Despite Recent Decline

Crypto analyst Crypto Patel highlighted TAO’s remarkable 200% surge over just two months without experiencing any major pullback. The token has demonstrated exceptional strength throughout this period, establishing itself among the top-performing AI cryptocurrencies. 

This AI Coin Could Go to $3,000 — But First, It Might Fall 50%!$TAO has been one of the most bullish AI coins this cycle — pumping over 200% in just 2 months without any major pullback. But now, things are getting interesting.

Current Price Action:
▶️ Trading near strong… pic.twitter.com/bTA35wWm7s

— Crypto Patel (@CryptoPatel) May 28, 2025

According to CoinGecko data, Bittensor trades at $429.69, representing a 4.99% decline in the past day at publication. The daily trading volume reached $94,593,712, though this marks a 13.40% decrease from the previous day. 

Weekly performance shows a modest 1.45% decline, with TAO trading between $414.98 and $475.50 over the past seven days.

The technical outlook for Bittensor presents both opportunities and risks according to Patel’s analysis. TAO currently faces strong resistance at the $480 level while maintaining support above the $400 zone. 

A successful breakout above $500 could trigger a significant rally toward the $1,000 mark and potentially beyond. However, after such an extended upward move, a correction appears increasingly likely. 

Fibonacci retracement analysis suggests a potential 35% drop to $284 levels, representing the 0.5 retracement level. In a worst-case scenario, TAO could experience a 50% decline, falling to the $230-$250 range corresponding to the 0.618-0.786 Fibonacci levels.

TAO Accumulation Zone and Long-Term Price Targets

Despite near-term correction risks, Patel identifies the $200-$250 range as a “golden pocket” for high-reward entries. This accumulation zone represents an optimal buying opportunity for investors seeking exposure to Bittensor before the next major upward move. 

The analyst maintains ambitious bull run targets for TAO, projecting sequential price levels at $500, $1,000, $1,500, $2,000, and ultimately $3,000. These projections align with broader market expectations for an extended crypto bull run potentially lasting until March 2026. 

However, Patel warns that a break below $200 would invalidate the bullish outlook entirely.

Market data from CoinGecko reveals mixed signals for Bittensor’s immediate prospects. The recent 13.40% drop in trading volume suggests declining market activity and potential uncertainty among traders. 

Bittensor Price on CoinGecko

Immediate resistance sits at $457.47, while support lies at $429.37 within the current 24-hour range. If TAO fails to maintain this range, further decline toward $414.98 becomes possible. 

Conversely, increased momentum could push the token beyond $475.50, setting the stage for Patel’s ambitious four-digit price targets to materialize in the coming months.