As of October 18, 2025, Bittensor (TAO) has surged 8% in the past 24 hours, extending its weekly gain to 27%, trading at approximately $397 per CoinMarketCap. This momentum aligns with a broader market recovery following $900M in liquidations, with $622M from long positions. TAO’s uptick reflects renewed interest in AI-driven altcoins, with its $2.88B market cap ranking it among the top 50 cryptocurrencies, per. X posts from @CoinsProbe highlight the token’s breakout potential amid heightened trading activity, per [post:10].
On the 4H chart, TAO is forming a Bearish ABCD harmonic pattern, typically the final leg of an uptrend before a potential retracement, but often leading to strong bullish extension in the CD leg, per CoinsProbe. The pattern originated at Point A ($283.3) in early October, rallied to Point B ($477.5), corrected to Point C ($343)—where buyers defended the 100-hour MA—and now rebounds to $397, suggesting the CD leg is underway, per. This structure indicates expanding volume and bullish interest, with support holding at $343, etc. Technical analysis from @Investment_Scan confirms a Bullish Shark pattern on the daily chart, targeting $663.7 (65.85% gain) from $412, per [post:19].
If the ABCD completes, the 1.44 Fibonacci projection of the BC leg points to a Potential Reversal Zone (PRZ) at $537.2, a 35% upside from current levels, where trend exhaustion or profit-taking may occur, per. A breakout could confirm continuation, aligning with predictions of $565–$748 by year-end, driven by Bittensor’s halving on December 12, 2025, slashing emissions by 50% per. Risks include a breakdown below $343, invalidating the pattern and risking a retest of $290–$325 support, per CoinCodex. RSI at 72.72 nears overbought, signaling possible consolidation, per TradingView. X sentiment leans bullish, with @JohnMorgan noting similar harmonic setups for bounce-backs, per [post:13].
TAO could reach $1,000 in 2025 if subnet competition and institutional adoption intensify, per Bitget, but monitor BTC stability at $113,000, as correlation (0.75) influences altcoins, per. Track whale activity via Nansen and TVL on DefiLlama; dollar-cost average with stop-losses below $343, or diversify into USDC or ETH ($4,070), per TradingView. Follow @TheBlock__ on X for updates. Bittensor’s AI narrative, with Grayscale’s TAO Trust pending SEC approval, positions it for $2,000+ by 2030, per Cryptopolitan, but volatility persists amid market corrections.
