Unbiased #bittensor $TAO #TA recap & outlook and momentum: 
End of *Q1* flipped bearish -> Constance Brown Trend RSI Chart School. *Q2* #binance listing was the last exit call inside trend reversal and a big manipulative move. If you got in at the top and hodled into Q3 you got anihilated ( -70% ). Fair Value Gaps got filled like wildfire so far. 

The outlook: make or break. If we can bounce from the current 230$ level we go 280$ - 340$. If we dont... well. The last higher low from january 2024 would be taken out at around 220-210$. No bueno, would mean hotter wilfires ahead. 

The momentum: 
-community remains strong ✅
-continuous awareness expansion ✅
-still ai unicorn ✅
-dTAO upgrade incoming for a more robust and democratic AI development ✅

- retail investors confidence is cracked ❌
( Bug, chain halted, hack, chain halted ... ) 
- dTAO upgrade uncertainty ❌ 
( derived from previous bugs, hacks: what additional risk will arise with dTAO and implementations of uniswap code ) 
 
Summary: Bittensor has seen significant volatility and bearish trends in 2024, marked by manipulative moves and severe price drops. The outlook hinges on the critical $230 support level. While the community remains strong and the dTAO upgrade promises more robust and democratic AI development, retail investor confidence is fragile. This fragility stems from historical issues and recent events: a bug chain halt earlier and a hack-induced chain halt currently. The dTAO upgrade is still in development, adding to the uncertainty. The next steps will be crucial for recovery or further decline.
#bittensor #TAO #TA #binance