This is the strongest move $TAO has had since its first ever run when it broke out from ~$50-400 back in Oct 23, because it is doing it despite the macro backdrop and running by itself.
I think it locally tops anywhere from here to $500 (depending on BTC) and then you will likely get a large pullback (40%+) looking at how it behaves historically.
The increase in mindshare and activity is a very good sign for the upcoming cycle. We are seeing high quality research into the subnets now due to Templar completing the training of Covenant-72B, the largest decentralized LLM in history.
Left and right curve united on this one, and there aren't many projects/coins with that quality.
You can already see the number of people that want to add this on a dip later this year (me included, although I have a small position).
Real clean breakout on btc imo
A shallow dip and then a push into 78k seems likely imo
Personally not looking to insta fade a break of our 1 month range
As long as 69-70 holds market still looks good for upside
@COTInetwork Dumb person here with a genuine questionโฆ if COTI is better than all of the other privacy coins, why is that not evident in the price action?
#Quadzilla called the "Big Short" perfectly on the #Bitcoin 1hr chart.
The bearish retracement level (red line at the top) was saying "price will retrace up past here and then drop down".
The bullish retracement level (green line) was already saying "price will retrace down past here and then rise up".
Not bad at all!
@PedCassar @lee_fr200 @Mofoman360 He did the exact thing that he accused angry middle aged white men of, causing division! Thatโs not how free speech works, there are always consequences.