Bittensor (TAO) Breaks Falling Wedge, Signaling 60% Upside Potential
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 02 2026- Technical Breakthrough: Bittensor's TAO price has confirmed a breakout from a falling wedge on the 8-hour chart, indicating weakened selling pressure and allowing buyers to step in at higher levels, reflecting a positive shift in market sentiment.
- Price Structure Change: Stabilizing near the lower boundary of the wedge, TAO price has begun closing closer to the upper trendline, and the breakout has shifted the structure from compression to expansion, suggesting a potential move toward the $350 region.
- Potential Upside: Based on the height of the wedge, TAO price could see approximately a 60% increase, with this projection grounded in structural analysis rather than emotional trading, indicating a rational return to the market.
- Follow-Through Performance Key: The price action of Bittensor will depend on maintaining support above the former resistance line; losing this level could revert the price back into the wedge, altering market expectations.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
