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.