Bittensor price is showing signs of setting up for another big move, and one well-known analyst believes this could be the perfect moment for patient investors to position themselves. Crypto Patel, an X page with more than , has shared fresh insights on where he sees the next buying opportunity and how high the price could run from there.
Crypto Patel pointed out that TAO recently pulled back almost 30% from its previous peak around $450. He reminded followers that his earlier warning about avoiding FOMO at those higher levels proved accurate. The chart shows the price retracing into a fair value gap and support zone between $340 and $300, an area he calls the “re-accumulation zone.”
According to Patel, this zone represents a high-probability entry point for those looking to benefit from the next rally. Any dips into this range, he says, should be seen as buying opportunities. His targets for the next move stand at $500, $1000, and potentially $2000 and $3000 over a longer horizon if momentum builds.
Understanding TAO Chart Setup
The chart provided by Patel highlights several important technical features. After breaking out of a downtrend earlier this year, TAO pushed into strong resistance around $437 to $466 but failed to break higher. The retracement took the price back toward a green-marked area, which represents both a fair value gap and a strong support zone.
Patel’s projection shows a possible short-term bounce from this support back toward resistance. If the resistance gives way, the path to higher targets becomes clearer. However, failure to hold above $300 could trigger further downside, which is why his accumulation call is focused on this specific range.
Bittensor Bull Run Targets and Investor Sentiment
Patel’s bullish targets are ambitious but not unrealistic given TAO’s past performance. He sees $500 as the first key breakout level, followed by $1000 as a major psychological milestone. The higher projections of $2000 and $3000 would require significant market momentum and broader bullish conditions in the crypto space.
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For now, Patel’s advice is simple: be patient, avoid chasing highs, and accumulate when the price is in the $340 to $300 zone. With the right market setup, he believes this could be the start of another strong bull run for Bittensor.
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