Bittensor [TAO] posted a 9% gain in the last 24 hours, extending its weekly advance to 28% as the token recovered from the $180.9 support zone. The rally accelerated after Anthropic announced it would suspend access to Fable 5 and Mythos 5 models for foreign nationals following a U.S. government directive, highlighting vulnerabilities in centralized AI systems. This development drove traders toward decentralized AI projects, with TAO climbing from approximately $215 to $267.4 and reclaiming the 20-day simple moving average at $220.70 as volume expanded to above $560 million.
Anthropic Suspends AI Model Access Following U.S. Directive
Anthropic announced that access to Fable 5 and Mythos 5 would be suspended for foreign nationals following a U.S. government directive. The decision immediately highlighted a key weakness of centralized AI systems, where access could be restricted by regulation regardless of demand. That narrative quickly spilled into crypto markets, with traders rotating toward decentralized AI projects. TAO extended its advance toward the $272-$279 range as volume climbed above $560 million, reinforcing the strength of the move.
Source: X
TAO Tests $300 Resistance After Reclaiming Key Technical Levels
TAO's recovery began near the $180.9 support zone, where repeated selling attempts failed to generate fresh downside pressure. As sellers lost control, buyers gradually absorbed available supply and stabilized price action. Momentum then accelerated sharply, lifting TAO from roughly $215 to $267.4 within two sessions. The token reclaimed the 20-day SMA at $220.70 and pushed through a resistance area that had limited advances for weeks.
Source: TAO/USDT on TradingView
Volume expanded aggressively during the breakout, producing its strongest positive reading in nearly two months. RSI climbed to 59.2 from below 40, while MACD continued strengthening. Attention now turns to the $280-$300.6 region, where buyers and sellers will likely contest the recovery's strength.
After rallying from the $182.5 liquidity sweep to $292.2, the price encountered resistance near a key supply zone and began pulling back. That reaction places the former $244.7-$255 consolidation range in focus. The area previously acted as resistance before the breakout and now serves as the market's most important support zone.
Source: TAO/USDT on TradingView
Holding above the $244.7-$255 range would preserve the recovery structure and keep $300 within reach. Losing it would expose TAO to a deeper retracement toward $210-$220 support.
FAQ
What caused Bittensor's 28% weekly gain?
Bittensor gained 28% over the week following Anthropic's announcement that it would suspend access to Fable 5 and Mythos 5 AI models for foreign nationals per a U.S. government directive. This highlighted centralized AI system vulnerabilities and drove traders toward decentralized AI projects like TAO.
What are the key resistance levels for TAO?
TAO faces resistance in the $280-$300.6 region after reclaiming the 20-day simple moving average at $220.70. The token reached $292.2 before encountering resistance near a supply zone. The $244.7-$255 consolidation range now serves as critical support.