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Bittensor's TAO price may plunge 40% within five weeks: Fractal data

The Cointelegraph β€‹

Cryptocoins News / The Cointelegraph β€‹ 143 Views

Bittensor's TAO price may plunge 40% within five weeks: Fractal data

TAO's price has rallied 160% in over a month, but is printing a familiar golden cross that has preceded massive price corrections in the past.

The latest 160% rally in Bittensor (TAO) shows signs of exhaustion as it forms a golden-cross pattern on the chart that previously preceded steep corrections.

Key takeaways:

TAO prints a golden cross that has preceded 40% drawdown on average in the past.

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