Bittensor: Should TAO bulls buy now or wait for a pullback below $300?

ambcryptoPublicado a 2026-03-28Actualizado a 2026-03-28

Resumen

Bittensor (TAO) has demonstrated notable strength by maintaining its position above the critical $300 support level, even as major cryptocurrencies like Bitcoin and Ethereum faced selling pressure. The recent move above $302.4 confirmed a bullish structural shift on the 3-day chart, supported by new highs in the On-Balance Volume (OBV) indicator. This resilience is attributed to growing demand for decentralized AI infrastructure. Analysts suggest that a pullback toward the $286–$305 zone could offer a strategic buying opportunity, with potential upward targets at $405–$450. The 4-hour chart reinforces this bullish outlook, showing steady buying pressure and a constructive price structure. However, a drop below $261 would invalidate this optimistic setup. Traders are advised to consider entering within the $286–$319 range, anticipating further gains in the near term.

Bittensor [TAO] continued to trade above the psychological $300 level. While the market leaders Bitcoin [BTC] and Ethereum [ETH] faced strong selling pressure over the past week and were forced to register losses, TAO continued to trend higher.

The $300 was therefore an important support level that swing traders should keep an eye on. Is the sustained uptrend another buying opportunity for TAO traders, or should they take profits and expect a deep retracement next?

The bullish TAO swing structure confirms the trend direction

The move above $302.4 last week represented a bullish swing structural shift for TAO on the 3-day chart. At the same time, the OBV was making new local highs, and a psychological round number resistance had been overcome.

These developments were remarkable, especially as Bitcoin and many altcoins were forced to go lower or trade sideways. The demand for decentralized AI infrastructure likely explained the AI token’s relative strength.

A pullback toward $300 would be a buying opportunity for Bittensor traders and investors. Their next targets would be $450-$500.

Why traders should buy now

The 4-hour chart was quite encouraging. In this timeframe, the price structure was firmly bullish. The technical indicators also supported the upward momentum and reflected steady buying pressure on the altcoin.

The Fibonacci retracement levels (cyan) showed that a retracement was underway. The $286-$305 pocket would be the ideal buying zone, but it is unclear if we will get this dip.

Traders can look to buy anywhere within the $286-$319 area, as many traders and analysts also consider the 50% retracement as a key support in an uptrend. In either scenario, the $405 and $449 levels would be the next targets.

A drop below the $261.1 mark will shift the H4 structure bearishly and invalidate the bullish setup laid out above.

Final Summary

Bittensor continued to trade above the $300 level despite the crypto market correction over the past two days.
This show of relative strength could see another uptrend next week, with $409 and $450 being the next targets.

Preguntas relacionadas

QWhat is the key psychological support level for Bittensor (TAO) mentioned in the article?

AThe key psychological support level for Bittensor (TAO) is $300.

QWhat did the move above $302.4 represent for TAO on the 3-day chart?

AThe move above $302.4 represented a bullish swing structural shift for TAO on the 3-day chart.

QAccording to the article, what is the ideal buying zone for TAO on the 4-hour chart?

AThe ideal buying zone for TAO on the 4-hour chart is the $286-$305 price pocket.

QWhat price level would invalidate the bullish setup and shift the H4 structure bearishly?

AA drop below the $261.1 mark would invalidate the bullish setup and shift the H4 structure bearishly.

QWhat are the next major price targets for TAO if the uptrend continues?

AThe next major price targets for TAO are the $405, $409, $449, and $450 levels.

Lecturas Relacionadas

Must-Watch Events Next Week｜CLARITY Act Could Face Senate Vote; SpaceX, Circle to Report Earnings (8.3-8.9)

**Summary: Key Events and Developments to Watch (August 3-9)** The upcoming week is marked by significant financial disclosures, key legislative deadlines, and notable product updates. **Major Financial Events:** Several companies are scheduled to release their Q2 2026 earnings. American Bitcoin (ABTC) will report on August 3, followed by SpaceX and Hut 8 Mining Corp. on August 4, and Circle on August 5. Notably, a significant portion of SpaceX shares (up to 12% of total shares) will be unlocked on August 6 following their earnings release. **Key Legislative Deadline:** The U.S. Senate faces an August 7 deadline to secure 60 votes for the CLARITY Act, a bipartisan bill aiming to establish a federal regulatory framework for cryptocurrencies. The Senate may hold a full vote on the bill during the week. **Economic Data:** The U.S. July Non-Farm Payrolls report will be released on August 7, providing crucial labor market data. **Technology & Product Updates:** * **Shutdowns:** DeFi portfolio tracker Zapper and wallet app Ctrl Wallet will cease operations on August 3. * **Upgrades:** LayerZero will deprecate its v1 relayers on August 3. XRP Ledger's new version 3.3.0, featuring five new functions, is expected next week. * **AI:** Elon Musk announced that the advanced Grok 4.6 AI model is set for release around August 7. * **Bitcoin:** The BIP-110 forced signaling for a potential Bitcoin network change is scheduled to begin around August 8. **Other Notable Events:** Chinese robotics firm Unitree Tech has set its preliminary price inquiry for its IPO for August 5. South Korean exchange Upbit will delist AQT and AERGO tokens on August 3.

marsbitHace 32 min(s)

Must-Watch Events Next Week｜CLARITY Act Could Face Senate Vote; SpaceX, Circle to Report Earnings (8.3-8.9)

marsbitHace 32 min(s)

Stocks Are Plummeting More Sharply Than Cryptocurrencies. Where Has the Money Gone?

Stock Markets Plunge Deeper Than Cryptocurrencies: Where Did the Money Go? In late July, Seoul's Kospi index triggered circuit breakers for two consecutive days, plummeting over 40% from its June high. The collapse was led by heavyweight stocks like SK Hynix, whose record profits still disappointed investors, and devastating leveraged ETFs, with one major product losing over 83% of its value. This signaled a global, forced deleveraging targeting the most crowded trades. Interestingly, while stocks exhibited extreme volatility akin to crypto markets, Bitcoin rose nearly 15% in July after a prior steep drop. Analysis shows the money fleeing equities did not flow into Bitcoin. Instead, Bitcoin had already absorbed its sell-off in May-June, when U.S. spot Bitcoin ETFs saw historic outflows. The true safe-haven beneficiary was gold, whose price rose over 20% year-on-year, highlighting a decoupling between Bitcoin and gold as "digital gold." The sell-off was a targeted unwinding of leveraged positions in tech and semiconductors, accelerated by broker-dealer risk management and shifts in the AI narrative, including new competition from Chinese memory chipmakers. The retreat path was clear: from high-valuation tech stocks to cash and U.S. Treasuries, then to gold. For Bitcoin to attract sustained institutional inflows, conditions like eased global liquidity pressure, a "soft-landing" Fed rate cut, and U.S. regulatory clarity via legislation like the stalled CLARITY Act are needed. Currently, Bitcoin is not a safe haven but an already-cleared asset. Its low correlation with tech stocks, however, makes it a potential diversification play for institutional portfolios once the storm passes. The money isn't here yet, but the positioning is underway.

marsbitHace 32 min(s)

Stocks Are Plummeting More Sharply Than Cryptocurrencies. Where Has the Money Gone?

marsbitHace 32 min(s)

In Conversation with Ray Dalio: We Are Currently in an AI Bubble, with 1% of My Portfolio in Bitcoin

Ray Dalio, founder of Bridgewater Associates, warns in an interview that the current AI boom shows classic bubble characteristics, which could lead to significant economic downturns as seen in past cycles like 1929 or 2000. He explains that speculative enthusiasm, fueled by debt and overvaluation, often precedes a crash when rising rates or taxation force asset sales, causing widespread losses and recession. Dalio also outlines his "Big Cycle" theory, describing an approximate 80-year pattern where widening wealth gaps, massive government deficits, and shifting geopolitical power (like China's rise) create internal conflict and global instability. He emphasizes that we are in a late-cycle, transitional phase where traditional powers like the US and UK face decline. For personal wealth protection, Dalio advises diversification beyond cash into assets like stocks, bonds, real estate, and particularly gold, which he prefers over Bitcoin. While he holds about 1% of his portfolio in Bitcoin as a non-printable hard asset, he views gold as more secure from technological or governmental threats. Regarding AI's impact, Dalio believes it will disproportionately benefit capital owners, worsening inequality by replacing both physical and cognitive labor. He suggests that human intuition and emotional intelligence, combined with AI, will be key for future workers. On taxation, Dalio argues that wealth taxes are impractical and risk triggering asset sell-offs, reducing productive investment. He points to the UK as a cautionary example of debt, low productivity, and political strife. Geopolitically, Dalio foresees a more regionalized world, with the US showing weakness in prolonged conflicts like with Iran, akin to past imperial declines. The ideal outcome, he suggests, is coexisting powerful blocs (e.g., Americas, China-Asia Pacific) without major war.

marsbitHace 4 hora(s)

In Conversation with Ray Dalio: We Are Currently in an AI Bubble, with 1% of My Portfolio in Bitcoin

marsbitHace 4 hora(s)

Daily 7.2 Trillion KRW: Foreign Capital's Record Net Buying on Friday! Wall Street Says Headwinds for Korean Stock Fund Flows Have Subsided

South Korean stock market sees a dramatic shift in fund flows. On July 31, foreign investors made a record net purchase of approximately KRW 7.2 trillion in KOSPI stocks, marking a fundamental reversal from the persistent large-scale net outflows seen in previous months. This contributed to a significant narrowing of foreign net selling in July to KRW 9.8 trillion, down sharply from KRW 48.4 trillion in June and KRW 44.5 trillion in May. Simultaneously, domestic institutional pressure eased. South Korean pension funds and asset managers turned to a net buying position in July, purchasing KRW 1.0 trillion worth of KOSPI shares, contrasting with net sales in May and June. Market volatility is expected to be dampened by new financial regulations. Effective July 31, the Financial Services Commission tightened access for retail investors to single-stock leveraged ETFs by raising the minimum cash deposit requirement. Trading volumes for these products subsequently dropped to about 50% of their monthly average. Citigroup Research maintains its year-end KOSPI target of 10,000 points. The firm cites several supportive factors: the substantial easing of headwinds from capital outflows, a robust fundamental outlook for the semiconductor sector, historically low market valuations, strong economic fundamentals, and the potential for policy support from financial authorities if needed.

marsbitHace 4 hora(s)

Daily 7.2 Trillion KRW: Foreign Capital's Record Net Buying on Friday! Wall Street Says Headwinds for Korean Stock Fund Flows Have Subsided

marsbitHace 4 hora(s)

Breaking! OpenAI's Next-Gen AI Solves 10 Fields Medal-Level Problems

OpenAI's next-generation AI model Astra achieves breakthroughs in 10 long-standing mathematical conjectures. The results, including constructing the first known infinite, finitely presented non-sofic group—resolving a major question since 1999—and advancing the high-dimensional sphere packing problem beyond a 46-year-old barrier, are detailed in a 249-page paper. Key proofs have been formally verified using Lean 4. The AI also refuted a rigidity conjecture by Fields Medalist Alain Connes. According to OpenAI, generating these proofs cost under $2,000. Experts describe the findings as potentially Fields Medal-worthy and a landmark moment for both mathematics and AI, showcasing the model's ability to produce profound, human-like reasoning across diverse fields like group theory, geometry, and operator algebras.

marsbitHace 6 hora(s)

Breaking! OpenAI's Next-Gen AI Solves 10 Fields Medal-Level Problems

marsbitHace 6 hora(s)

Trading

Spot