BitTensor is expected to reach $ 518.13 by February 07, 2025
Release responsibility: This is not an investment advice. The information provided is for general purposes only. There are no information, materials, services, and other content provided on this page that constitute a request, recommendation, support, any financial advice, investment, or any other advice. Find independent professional consultations in the form of legal, financial and financial advice before making any investment decision.
- BitTensor -15.42 % decreased today against the US dollar
- Tao/BTC decreased by 13.54 % today
- Tao/ETH decreased by -10.61 % today
- BitTensor is currently trading by 24.20 % less than our prediction on February 07, 2025
- BitTensor -25.37 % decreased last month and decreased by -9.91 % one year ago one year ago
BitTensor price | $ 392.74 |
BitTensor prediction |
$ 518.13 (30.06 %) |
Feelings |
bearish |
Fear and greed index |
68 (greed) |
Main support levels | 366.73 dollars, 339.53 dollars, 287.80 dollars |
Main resistance levels | 445.67 dollars, 497.40 dollars, 524.61 dollars |
The price of Tao is expected to increase by 30.06 % in the next five days, according to the predtensor predictions
According to BitTensor’s expectations, Tao is expected to reach a price of $ 518.13 by February 07, 2025. This represents a 30.06 % price increase for Tao in the following five days.
Tau prices prediction
Buy/sell bittensor
What happens with BitTensor in the last 30 days
BitTensor recently displays a negative trend, as the currency has lost -25.37 % at the last 30 days. The medium range of BitTensor has been down, as TAO has decreased by -8.66 % in the past three months. The long -term image of BitTensor was negative, as Tao is currently showing a 19.91 % price change. On this day last year, Tao was trading $ 435.95.
BitTensor reached its high price on April 11, 2024, when the price of Tao reached its climax at $ 776.03. The current Tao session is 741.79 dollars, while the low cycle is at $ 166.97. TAO recently displays high fluctuations-currency fluctuation for one month at 11.08. BitTensor recorded 14 green days in the last 30 days.
Technical analysis of BitTensor for today – 02 February, 2025
Feelings in BitTensor are currently declining, and the Fear & Greed index reads greed. The most important support levels that must be seen are $ 366.73, 339.53 dollars and 287.80 dollars, while 445.67 dollars, 497.40 dollars and 524.61 dollars are the main resistance levels.
Bitniser’s landmarks
2 indicators currently refer to bittensor predictions, while 22 indicators show a declining prediction. With 92 % of the indicators that prefer negative prediction. This results in general bearish Feelings for BitTensor.
The encryption market is currently witnessing greedy
Currently, an index of fear and greed in 68 (greed)That indicates that investors have a positive look at the market. Fear & Greed is a scale of feelings among cryptocurrencies. The “greed” reading indicates that investors are currently optimistic about the cryptocurrency market, but it can also be an indication that the market is exaggerated. On the other hand, reading “fear” indicates that investors are currently hesitating in the encrypted currency market, which is likely to represent the opportunity to buy.
BitTensor Mediterranean and oscillator
Let’s take a look at some of the most important technical indicators indicate. We will pass the main averages and vibrations of the movement that will allow us to get a better idea of how to put BitTensor on the market today.
a period | Simple daily | Daily Asian | Simple weekly | Si -weekly |
Ma3 | 449.78 dollars (He sells) | 431.87 dollars (He sells) | – | – |
Ma5 | $ 457.30 (He sells) | 437.18 dollars (He sells) | – | – |
Ma10 | 457.42 dollars (He sells) | 453.98 dollars (He sells) | – | – |
Ma21 | 436.92 dollars (He sells) | 476.31 dollars (He sells) | $ 571.34 (He sells) | $ 477.19 (He sells) |
Ma5 | 469.94 dollars (He sells) | 504.25 dollars (He sells) | 297.51 dollars (He buys) | $ 397.36 (He sells) |
Ma100 | 510.98 dollars (He sells) | 501.99 dollars (He sells) | – | – |
Ma200 | 445.00 dollars (He sells) | 468.69 dollars (He sells) | – | – |
a period | value | an act |
RSI (14) | 38.76 | neutral |
Stoch RSI (14) | 53.02 | neutral |
Fast stochastic (14) | 64.32 | neutral |
The commodity channel index (20) | 66.67 | neutral |
Average direction index (14) | 10.92 | neutral |
Wonderful oscillator (5, 34) | 4.66 | neutral |
Momentum (10) | 23.50 | neutral |
MACD (12, 26) | 7.47 | neutral |
Williams range (14) | -35.68 | neutral |
Final oscillator (7, 14, 28) | 45.54 | neutral |
Voma (10) | 432.79 | He buys |
The moving average of the body (9) | 466.36 | He sells |
Ichimoku Cloud B/L (9, 26, 52, 26) | 475.05 | neutral |
The RSI (RSI 14) is a widely used indicator that helps to inform investors whether the original is at the present time in excessive timing. RSI 14 for BitTensor 38.76, indicating that Tao is currently neutral.
The simple moving average takes 50 days (SMA 50) into account the price of the BitTensor closure over the past fifty days. Currently, BitTensor is trading over the SMA 50 direction line, which is a bullish sign.
Meanwhile, the simple moving average for 200 days (SMA 200) is a long -term directional line that is calculated by taking the average level of TAO closure in the last 200 days. Tao is now trading over SMA 200, indicating that the market is currently ascending.
In sum
After considering the above factors, we can conclude that the current expectations of the Bittensor price bearish. Tao will have to increase by 30.06 % to reach our goal of $ 518.13 in the next five days. Moving forward, it will be important to monitor the TAO market morale, main support and resistance levels, and other standards. However, we have to keep in mind that cryptocurrency markets are unpredictable, and even the largest encryption assets offer many fluctuations in price. To predict the long -term BitTensor price, click here.
Release responsibility: This is not an investment advice. The information provided is for general purposes only. There are no information, materials, services, and other content provided on this page that constitute a request, recommendation, support, any financial advice, investment, or any other advice. Find independent professional consultations in the form of legal, financial and financial advice before making any investment decision.