TAO drops 30% from its weekly high, confirming fractal setups that projected deeper downside targets for the token in the past. Bittensor’s TAO token may drop by up to 45% in the coming weeks as Covenant AI, one of its top subnet operators, publicly announced its full exit from the ecosystem. Key takeaways: Covenant AI accused Bittensor of being centralized, leading to a 30% drop in TAO prices. Read more
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. Read more