🔵 #Can BTC Break $110K?#
Bitcoin recently broke above $107,000 and is currently trading around $105,000, just shy of its all-time high at $109,580. Do you think Bitcoin can set a new record and push past $110,000? Share your analysis and predictions with us!
🔵 #AI Token Market Cap Rebounds#
According to CoinGecko, the total market cap of the AI agent sector has rebounded to $6.862 billion, with a 1.2% increase in the past 24 hours. Notably, VIRTUAL surged 18.5%, and AI16Z rose 7.1%. Which AI tokens are you bullish on? How are you planning your portfolio strategy? Let’s hear your thoughts!
Is Bittensor (TAO) Repeating Its History? Fractals Hint at Continuation of Bullish Rally
Date: Sun, May 04, 2025 | 11:26 AM GMT After a rough start to 2025 — where even Ethereum (ETH) dropped 45% in Q1 — the crypto market is finally flashing signs of recovery. ETH has already bounced back more than 31% from its April 7 low, and that renewed strength is now spilling over into other major altcoins. One of the standout performers is the AI-focused token Bittensor (TAO), which seems to be quietly setting up for another explosive move. Following a deep correction in Q1, $TAO has rebounded sharply — up 70% in the past 30 days — trimming its year-to-date losses to just around 20%. But this rebound might be more than just a temporary relief rally.
Source: Coinmarketcap TAO Fractal Hints at a Familiar Pattern When we look at the weekly chart, TAO appears to be repeating a very specific fractal pattern — one that has historically led to major rallies. TAO has shown a tendency to bounce strongly off the $190 support zone, which has now acted as a key bottom three separate times. Each of the last two bounces from this area triggered massive moves of over 290% and 350%, respectively, pushing prices into the $740 resistance zone.
Bittensor (TAO) Weekly Chart/Coinsprobe (Source: Tradingview) Third Time’s the Charm? This current bounce is following a similar trajectory. After falling more than 76% from its highs, TAO hit the same $190 support zone in April and has since rallied to around $349 — up over 108%. If history repeats and the fractal continues to play out, TAO could be headed toward another major rally. But there’s one key level to watch: the 50-week moving average, which is currently hovering around $390 (highlighted by the yellow circle on the chart). A clear breakout above this level could confirm bullish momentum and pave the way for another run to the $740 resistance zone — which would mark a 346% gain from the recent bottom. Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always conduct your own research and consult with a financial advisor before making investment decisions.