Bittensor (TAO) Poised for 125% Surge, Says Popular Analyst

Crypto analyst Michaël van de Poppe sees significant upside potential for Bittensor (TAO), a blockchain-based machine-learning network, while also sharing insights on Bitcoin and Ethereum.

In a recent update, Van de Poppe expressed confidence in TAO’s momentum, predicting a surge of over 125% that could propel it to a fresh all-time high.

$TAO is doing great.

June, last year, I decided to add this one to my portfolio at an average of $370.

Godo to be in profit on this position and I think that the Crypto x AI narrative will push this one past $1,000. pic.twitter.com/qrLyUoMjYm

— Michaël van de Poppe (@CryptoMichNL) February 20, 2025

He believes the growing intersection of crypto and artificial intelligence will be a key driver behind its rise, suggesting the asset could surpass $1,000.

According to his analysis, Bittensor has established strong support around $340 and is currently navigating resistance near $500.

The token is trading at approximately $445, still down 40% from its peak of $758.

Alexander Zdravkov

Alexander has been working in the crypto industry for three years, during which time he has established himself through his active participation in monitoring market dynamics and technological innovations. His interest in cryptocurrencies and new technologies is not just a professional commitment, but a deep personal passion. He follows the news in the sector daily, analyzes trends, and is excited about every new step in the development of blockchain solutions. His enthusiasm drives him to continuously learn and share knowledge, as he sees the future in digital finance and its role in global transformation.