Bittensor (TAO) Price Forecast for 2025–2029: Is a $650 Milestone on the Horizon?

Bittensor Price Surge: Bittensor (TAO) has experienced a significant price increase, recently reaching $528, driven by the launch of Europe’s first staked TAO ETP and anticipation for an upcoming halving event in December.

Market Momentum and Technical Indicators: The token has gained over 20% in the past week, with immediate resistance at $540 and support around $480. Technical indicators suggest potential price volatility, with the Relative Strength Index indicating strong momentum.

Halving Event Impact: The halving event, expected in December, will reduce mining rewards, potentially increasing scarcity and demand for TAO. This has led to positive market sentiment and a decline in exchange reserves, indicating confidence among long-term investors.

Future Price Predictions: Analysts predict that if TAO maintains its momentum, it could reach $650 by 2025, with further growth expected in subsequent years as Bittensor solidifies its position in the AI infrastructure market.