Mar 20 • 🏆Wins
🏆+45% on $TAO Long
Placed this trade around 10pm just before bed last night, sitting on $170 profit at the moment. I'm long term Bullish about $TAO aka Bittensor. $TAO's price chart screams bullish. I'll do a proper chart breakdown in the charts section.
The fundamentals are also aligning with the Price Action. 4 days ago on 16 March 2026, 30 bittensor subnets registered at $250k each. that's $7.5m in registration commitments. This is from network validators who see subnet performance data before anyone else. Registration cost moving to $500k would signal validators expect TAO at $500-600 range, but it's currently trading at around $300, that's a potential 2x easy.
TAO has a public ETF filing and is the 4th crypto asset to get dual ETF filings from Grayscale and Bitwise after BTC ETH SOL. with 70% staked. The TAO halving completed successfully. GBTC traded at 40% discount when bitcoin ETF was filed.
If you want to copy this trade on leverage, ne sure to have your stop loss under $238, if this gets taken out I would wait for another buy trigger to enter again. For a SPOT trade, depending on your time horizon I would say completely ignore the short term noise because TAO is going to $500 that's a given!
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🏆+45% on $TAO Long
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