BitTensor (TAO) – Major Resistance at $683! Time to Reallocate?
2024-10-01

📊💥 BitTensor Soars – Profit-Taking Time? 🚀

Let’s take a look at BitTensor (TAO). We’ve been riding this wave since $83 and increased positions around $135. Now, with the price currently at $584, I’m eyeing my personal target of $683, where I’ll be taking at least half of my profits and reallocating to other promising projects.

BitTensor’s market cap is nearing $4.5 billion, ranked 25th overall, but its trading volume is slipping to 36th. I’m happy with the gains so far and see $683 as a key resistance level, perfect for profit-taking.

Once I’ve cashed out some gains, I'll look to reinvest into projects with more upside potential, such as Sui, Sei, Tia Celestia, CRGPT and AIOZ. It’s been a great run, but it’s time to plan the next move!

Let me know your thoughts and let’s continue to navigate these markets smartly.

One Love,
The FXPROFESSOR 💙