Bittensor (TAO) price managed to stop the progression of its recent downtrend, but bulls failed to initiate another rally for the AI-crypto token. The recent downtrend forced TAO prices to pare all their gains since early May 2025. However, the bearish trend is not due to a lack of bullish cues, but rather due to market indifference and a profit-booking mob of bears.
Interestingly, the Bittensor token has caught the attention of institutional investors. A crypto treasury is suddenly the “in” thing in finance, and TAO has had its share of suitors. Yet, bulls have failed to convert the cues into tangible rallies, highlighting the bearish pressure against TAO.
However, the Bittensor token is moving inside a bullish technical setup and has recently been rebuffed by the pattern’s resistance. As such, the token’s downtrend is likely a result of the rebuttal. TAO price is moving laterally, suggesting a consolidation phase before the TAO makes another breakout attempt.
Furthermore, Bittensor found support from Yuma Group founder and CEO Barry Silbert, who compared its potential with that of Bitcoin.
TAO Price Faces Pattern Support
TAO price continues to move inside a falling wedge, a bullish reversal pattern formed by two converging downward-sloping trendlines. This structure reflects contracting price action, with each successive high and low lower than the last, signaling diminishing bearish momentum.
The pattern typically resolves with a sharp upside breakout once the price closes above the upper trendline with strong volume. The price target is calculated by measuring the height of the wedge at its widest point and projecting that distance upward from the breakout level.
Currently, TAO price is testing the pattern’s lower boundary amid persistent bearish pressure. It was recently rebuffed from the descending resistance line. The test aligns with key horizontal support and suggests a make-or-break moment for near-term structure. A bounce from this level would encounter immediate resistance near $371.
Flipping this level with conviction would open the path for a breakout, with the next critical resistance near $399.
However, a death cross between the 20-day and 50-day exponential moving averages has added to downside pressure. This increases the likelihood of extended consolidation. Failure to hold current levels would put the pattern’s lower support to the test near $333. If breached, further losses could drag the Bittensor token price down toward the support base near $309 before any credible recovery attempt can materialize.
Momentum indicators remain weak, with the daily RSI hovering below the neutral 50 mark. This indicates a lack of firm bullish conviction. TAO bulls must defend the wedge support and reclaim the first resistance to regain directional control. The longer the price stays compressed inside the wedge, the more explosive the breakout could be once confirmed.
Institutional TAO Backing Grows as Barry Silbert Touts Bittensor’s Potential
Barry Silbert, Digital Currency Group’s CEO, recently spoke for the first time in five years in Paris, and reignited attention around Bittensor. Speaking at Proof of Talk 2025, Silbert described Bittensor as a permissionless framework for solving complex problems at a global scale, comparing its potential trajectory to the early Bitcoin era.
The endorsement coincides with rising institutional interest in TAO, reinforcing the token’s position as a strategic asset in the emerging AI-crypto convergence.
Earlier this week, Synaptogenix—a Nasdaq-listed biotech firm—appointed a digital asset strategist to oversee a new treasury strategy focused exclusively on acquiring TAO, which it referred to as the “top-valued AI token.”
The move underscores a growing trend among public firms looking to align treasury reserves with long-horizon Web3 infrastructure plays.
Oblong Inc., a smaller publicly traded tech firm, has already disclosed direct TAO holdings as part of its treasury realignment. It joins a narrow but growing list of companies treating AI-native crypto assets as balance sheet primitives.
While total allocations remain limited, the pattern is consistent: firms with exposure to advanced computation, biotechnology, and machine learning are signaling a shift toward digital assets linked to decentralized intelligence.
TAO’s expanding institutional narrative—fueled by high-profile endorsements and strategic reserve positioning—continues to separate it from generalized altcoin flows, suggesting that the market is beginning to reprice its role in the next wave of AI-native infrastructure.
