Search Inside Bitcoins

Bittensor Price Prediction: TAO Is Top Gainer After 392% Surge In A Month, But This New Crypto Casino Might Be Poised To 10X After Luring Investors From Gambling Giant Rollbit

Don’t invest unless prepared to lose all the money you invest. This is a high-risk investment, you shouldn’t expect to be protected if something goes wrong.


Join Our Telegram channel to stay up to date on breaking news coverage

The Bittensor price is up 392% in the last month to sell for $256.45 as of 7:20 AM EST.

TAO has been the top-performing major coin for more than five weeks, with CoinMarketCap listing Bittensor as the best performer in its crypto top 100 list.

Traders rode the rally after revelations that there are 900 holders with huge stakes and no intention to sell.

With investors looking at the ongoing correction since Nov. 20 as an entry opportunity, sidelined investors are already anticipating a buy-the-dip scenario.

TAO Market Outlook With Bittensor Price Corrects

After a 392% run on the month, Bittensor price has pared gains since Nov. 20 amid dwindling buying pressure indicated by the falling Relative Strength Index (RSI). TAO is already massively overbought, evidenced by the RSI reading at 77. The Awesome Oscillator (AO) indicator is still bullish, with large volumes of green histogram bars.

The position of the RSI and the AO point to buyer exhaustion, which explains the correction. Nevertheless, there are key levels to watch as the correction continues. For starters, the 23.6% Fibonacci retracement level provides support at $242.26. Bittensor’s price could extend the fall to the 38.2% Fibonacci level at $201.70 if it fails to hold.

Further south, the TAO market value could stretch to tag the 50% Fibonacci retracement at the $168.92 support level. The most important Fibonacci level, 61.8%, could come into play if the aforementioned support levels fail to hold at $136.13.

In the dire case, Bittensor price could dwindle further, testing the 25-day Exponential Moving Average (EMA) at $116.31 or the 50-day EMA at $90.29 in the worst-case scenario, coinciding with the 78.6% Fibonacci retracement at $89.46.

Bittensor price
TradingView: TAO/USDT 1-day chart

Converse Case

However, a reentry by bulls that missed the rally could see Bittensor price pull north, clearing the range high at $307.82. In a highly bullish case, the gains could extend for the altcoin to test the $320.0 psychological level.

As Bittensor remains a hot topic on crypto X, a new crypto casino is making headlines, with projections for 10X returns, according to experts. TGC, which powers the TG.Casino ecosystem features among the top three ICOs to buy in 2023, with analysts listing it among the five best crypto presales this year.

The token has successfully lured investors away from Rollbit despite RLB being one of the few coins that defy the Bitcoin downtrend. Now, experts say TGC, a new entrant in the Telegram Casino space, is the new sensation for gambling enthusiasts and could yield a 100X return on investment for early entrants at launch.

Promising Alternative To Bittensor

TGC is the ticker for the TG.Casino project gives investors an exclusive online platform to gamble in crypto anonymously. It is a fully licensed and 100% safe platform for gambling enthusiasts with KYC approval intact.

Investors who want to buy TGC can do so on the website, where it is selling for only $0.165 in the current stage. This price tag will only be on the shelves for the next four days before another price hike. Do not miss out on the opportunity to enjoy early entrant discounts.

So far, presale sales have reached $2.859 million, out of a target objective of $5 million. Join the community of investors already enjoying staking rewards as high as 204.93%.

Meanwhile, the project has commissioned the ultimate slot challenge with $25,000 worth of prizes in the pool, among other rewards.

There is also a 25% cash-back offer on all losses when betting TGC tokens.

Visit TG.Casino website to buy TGC in the presale here.

Also Read:

Smog (SMOG) - Meme Coin With Rewards


Smog token
  • Airdrop Season One Live Now
  • Earn XP To Qualify For A Share Of $1 Million
  • Featured On Cointelegraph
  • Staking Rewards - 42% APY
  • 10% OTC Discount -
Smog token

Join Our Telegram channel to stay up to date on breaking news coverage

Read next