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Cryptocurrency News Articles

Can Bittensor Really Make Millionaires in 2025? TAO Price Prediction

Apr 24, 2025 at 05:00 pm

The crypto analyst BigBC from The BigBC Finance Channel shares his thoughts on Bittensor (TAO) and its potential to deliver huge returns in a video.

Can Bittensor Really Make Millionaires in 2025? TAO Price Prediction

Crypto analyst BigBC from The BigBC Finance Channel shared his thoughts on Bittensor (TAO) and how it could potentially make some viewers millionaires by 2025 in one of his recent videos.

The analyst’s bullish analysis was shared on X (formerly Twitter) and included both short-term and long-term price predictions supported by chart trends and observations of broader market trends.

Bittensor (TAO) Short-Term Price Action and Momentum

“Anyone holding TAO has seen some green in their portfolio recently,” began BigBC as he talked about the cryptocurrency’s price performance.

He went on to say that those who prefer short-term trading could look at the TAO chart which according to him was showing a “beautiful pump.”

This pump follows a pattern called Head and Shoulders that appeared during March and April. A similar setup appeared back in August 2024 and pushed TAO’s price up to around $720.

“We’re currently seeing a nice bounce from support and if this move continues then I think we can set our sights on $400.”

This was stated as a short-term price target and according to the analyst TAO has enough strength to reach it.

The Bigger Picture for Bittensor Price: Long-Term Bullish Setup

Zooming out, BigBC looked at TAO’s longer-term price range and showed how the price has been moving between strong support at around $165 and resistance near $756.

This range has held for months with TAO bouncing back from support more than once and struggling to break through the top.

He also identified a rising support line that started in 2023 and was recently tested again in April 2025. This trendline is helping shape a bullish pattern that has been developing for over a year.

A breakout above the $756 resistance level would confirm a Double Bottom pattern: a strong bullish signal. According to this setup, TAO could shoot up to $3,500 which would be more than a 10x gain from its current price around $333.

“This is a 353% breakout trade from the range it’s currently trading in and I think it’s possible if the chart plays out as expected.”

TAO Price Prediction for 2025

Main Target: $3,500

According to BigBC’s analysis, patterns on the chart and the strong trend in the broader crypto market suggest that TAO could reach his main target of $3,500 in 2025.

He also listed some important price levels to watch along the way:

According to the analyst, TAO’s use of Artificial Intelligence gives it an edge over other projects which is why it could rise faster than most as the market heats up.

What Could Go Wrong? Possible Risks for Bittensor Upside Prediction

Despite his optimism, BigBC cautioned viewers that there are risks to consider.

The most important one is the support level around $170. If the price drops below that, it would break the bullish structure and could signal a move down instead of up.

In that bearish case, TAO could fall all the way to $37, which is where it traded back in 2023.

“It’s like going back to the stone ages but I don’t think it’s likely to happen. I want you to be aware of it.”

Broader Market Trends That Could Help TAO

Finally, the crypto analyst looked at the bigger picture in crypto which he thinks is very important for TAO’s growth.

Recently, Bitcoin hit $94,000, breaking past a resistance level it had been stuck at for three months. When Bitcoin moves up like this it often helps altcoins rise too, including TAO.

He also noted the Fear & Greed Index which measures market sentiment. It’s currently at 52, which is neutral. That’s much higher than where it was recently (15, or extreme fear), but still far from the level where bull markets usually peak (around 88).

In his view, this means the market still has a lot of room to grow.

There’s also a pattern called a Cup and Handle forming on the Total Crypto Market Cap chart. According to BigBC, this pattern suggests the whole crypto market could grow to $10 trillion, about 3.5 times bigger than it is now.

If TAO just grows at an average pace in that environment, it could reach around $1,160. But because it’s tied to AI — a major trend — he thinks it could do much better and reach his $3,500 target.

Final Thoughts: Can TAO Really Make You a Millionaire?

Wrapping up his analysis,

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

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