#bittensor #TAO
📉 Bittensor ($TAO ): Temporary bounce or path to $115?
As the AI market continues to storm, Bittensor ($TAO ) is showing mixed signals. Today, the price rose 3.70% to $151.47, outperforming BTC and ETH, but technical indicators indicate that it is too early to relax.
📊 Facts and figures for today (February 12, 2026):
• Current price: $151.47
• Forecast for February 17: $114.98 (expected drop of -23%)
• Market sentiment: Bearish 🐻
• Fear and Greed Index: 5 (Extreme fear)
• Year-to-date dynamics: -62.26% (a year ago the price was $401.31)
🔍 Technical analysis:
Despite the local growth, 82% of indicators (23 out of 28) signal a sell.
• RSI (14): 26.28 — the asset is officially oversold, which is what caused today's small rebound.
• Support levels: $141.67, $137.89, $131.46. If the price falls below $131, the path to the predicted $115 will be open.
• Resistance levels: $151.87 (we’re right there!), $158.30 and $162.08.
💡 What does this mean for investors?
“Extreme fear” at level 5 usually indicates panic selling. Historically, this often creates buying opportunities, but the bearish trend of the last month (-47.72%) makes us cautious. The short-term outlook remains negative, and the target of $114.98 looks quite realistic within the next 5 days.
