Bittensor Price Prediction: TAO Eyes $600 As ETP Launch And Halving Hype Ignite Demand

• Bittensor trades near $528 after 20% surge driven by Europe’s first staked TAO ETP on the SIX Swiss Exchange.
• Technical breakout above $480 and halving event in December support strong bullish sentiment toward $600 target.
• On-chain data show declining exchange reserves and rising accumulation ahead of tightening supply cycle.

Bittensor (TAO) price today trades near $528, extending its sharp rally after the debut of Europe’s first staked TAO ETP and rising anticipation for the network’s halving in December. The move has pushed TAO to multi-month highs, lifting sentiment across the AI token sector.

Europe’s First Staked TAO ETP Sparks Demand

TAO jumped 20% this week after Deutsche Digital Assets and Safello launched the Safello Bittensor Staked TAO ETP (STAO) on the SIX Swiss Exchange. The product offers regulated exposure to the decentralized AI network while allowing investors to earn staking rewards.

This listing marked a breakthrough for institutional access to AI-linked crypto assets, positioning Bittensor alongside larger network tokens with listed products in Europe. CoinMarketCap data shows TAO trading volumes spiked nearly 60% after the launch, signaling new inflows from funds seeking exposure to the AI infrastructure theme.

Market participants view the ETP as a validation of Bittensor’s long-term value proposition — combining decentralized computation, staking yield, and regulated investor access.

Bittensor Price Breaks Multi-Month Trendline

Technically, the Bittensor price has completed a clean breakout from the descending triangle that had capped gains since April. The move above $480 triggered accelerated buying, sending TAO past $528 with rising volume.

Short-term indicators remain constructive. The 20-day EMA near $417 now acts as immediate support, followed by deeper zones at $383 and $355, where the 50-, 100-, and 200-day EMAs align. Together, they form a strong base that supports the ongoing bullish shift.

The RSI at 70.8 shows overbought conditions, but it also highlights strong momentum. A brief consolidation around $500 could stabilize price before another leg higher. If buyers sustain control, the next resistance sits near $600, followed by $650.

Halving Narrative Tightens Supply

Traders are also positioning ahead of Bittensor’s halving event, expected between December 10 and 11. The adjustment will cut TAO mining rewards by half, reducing new supply and reinforcing scarcity expectations.

Historically, pre-halving periods draw speculative accumulation as supply-side tightening collides with increased demand. On-chain data shows exchange reserves declining while holder wallets expand, signaling confidence among long-term investors.

Combined with the ETP-driven institutional inflow, this tightening supply outlook gives Bittensor an advantage over other AI tokens heading into the year-end cycle.

AI Token Rotation Supports Broader Rally

The current rally is also part of a wider shift toward AI-related crypto assets, which are benefiting from renewed interest as macro liquidity improves. Bittensor’s model, which powers decentralized machine learning through its native token, has stood out in this rotation.

With a market capitalization approaching $5 billion, TAO now ranks among the top-performing AI tokens. Analysts note that its hybrid positioning — combining staking income, infrastructure demand, and compliant ETP exposure — continues to attract both retail and institutional investors.

Outlook: Will Bittensor Price Go Up?

The short-term Bittensor price prediction remains positive above $480, supported by strong volume and the post-ETP breakout structure. A close above $540 would confirm strength toward $600, while failure to hold $480 could send price back to the EMA cluster near $417.

Momentum remains on the side of buyers as long as the halving countdown and institutional demand continue to dominate sentiment. For now, the trend favors further upside, with consolidation near $500 likely serving as a base for the next move higher.