Been a long time coming for the $TAO
believers.
No coin has personally chopped me up more than TAO.
This downtrend has lasted nearly two and a half years. Like a moth to a flame I have tried to front run the trend shift, and been wrong a few times.
Finally very close to confirming the end of it, but need a big weekly close.
Close above 320 on the weekly, that will be a higher high, and I think you get 500 quite easily from there.
I'm sure everyone then starts to write about decentralized AI, the threat of regulatory capture by the centralized frontier labs, and notices that some of the subnets are actually making revenue.
My concern remains that TAO is pumping last, which hasn't been a great signal previously. This time is likely different due to BTC higher high and clear bullish market structure change.
believers.
No coin has personally chopped me up more than TAO.
This downtrend has lasted nearly two and a half years. Like a moth to a flame I have tried to front run the trend shift, and been wrong a few times.
Finally very close to confirming the end of it, but need a big weekly close.
Close above 320 on the weekly, that will be a higher high, and I think you get 500 quite easily from there.
I'm sure everyone then starts to write about decentralized AI, the threat of regulatory capture by the centralized frontier labs, and notices that some of the subnets are actually making revenue.
My concern remains that TAO is pumping last, which hasn't been a great signal previously. This time is likely different due to BTC higher high and clear bullish market structure change.
