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.
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