#bittensor #TAO
📉 Bittensor ($TAO ): Price Forecast and Technical Analysis for the End of January 2026
The Bittensor market is experiencing a significant cooling. Despite local attempts to grow last month, short-term forecasts indicate the possibility of further decline.
🔍 Key figures (as of January 29, 2026):
• Current price: $229.13
• Forecast for February 3: $180.08 (↘️ -23.06%)
• Fear and Greed Index: 29 (Fear)
• Market sentiment: Bearish (68% of technical indicators give a negative signal)
🛠 Technical picture
Most moving averages (MA) are currently signaling a sell signal, as the asset is trading below key resistance levels. However, some oscillators (RSI and Stoch RSI) hint at an oversold zone, which may lead to local rebounds.
Levels to watch:
• 🧱 Resistance: $241.25, $245.32, $248.68
• 🛡 Support: $233.83, $230.47, $226.40
📊 Trends and analytics
• Short-term: Over the past 24 hours, TAO has lost -3.69%, showing weaker dynamics than BTC.
• Medium-term: Over the past 3 months, the price has fallen by -46.70%, confirming a persistent bearish trend.
• Year-to-date: Bittensor has lost more than 50% of its value compared to last year ($466.21 a year ago).
