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- Bittensor price rose to highs of $207 amid Upbit’s listing announcement.
- However, buyers retreated and saw $TAO touch lows of $179.
- The daily chart signals a potential bullish move, and $300 could be the next target.
Bittensor ($TAO) has retested the $200 mark, reaching intraday highs of $207 in early trading on Monday as top cryptocurrencies look to hold key levels.
While the $TAO price made gains in early trading, it has fluctuated heavily in the past hours, with the volatility coming amid a major exchange listing and broader market weakness.
Bittensor pares gains as Upbit lists $TAO pairs
At the time of writing, $TAO traded around $185, slightly off intraday highs and about 2% down in the past 24 hours.
The latest uptick and subsequent sharp decline align with the listing announcement from South Korea’s leading cryptocurrency exchange, Upbit.
신규 디지털 자산 비트텐서($TAO) 거래지원 안내
✅ 지원 마켓: KRW, $BTC, $USDT 마켓
📅 거래지원 개시 시점 : 2026-02-16 16:00 KST 예정🔗공지 바로가기:https://t.co/2Zre01hLuM#Upbit #$TAO@opentensor pic.twitter.com/3LsILJZxU5
— Upbit Korea (@Official_Upbit) February 16, 2026
The exchange has added $TAO pairs on its spot trading platform, a development that sparked immediate price action.
According to Upbit, traders can now access $TAO/KRW, $TAO/$BTC, and $TAO/$USDT trading pairs as of Feb.16, which is a notable move set to bolster accessibility for $TAO across one of Asia’s largest crypto markets.
Localized demand has often seen tokens listed on Korean exchanges post sharp gains, and that’s what $TAO experienced.
However, amid profit taking, which has coincided with a 51% uptick in daily volume, prices have revisited support at $179.
Can Bittensor hold onto momentum?
Beyond the Upbit catalyst, Bittensor’s recent price rally from lows of $145 ties closely to a recent pivotal leadership shift.
This is because Jacob Steeves, known as “const,” announced he had stepped down as CEO of the OpenTensor Foundation, marking a key transition to a “headless” protocol free from centralized control.
Steeves’ announcement amplified decentralization sentiment among investors, positioning Bittensor as a resilient AI infrastructure play.
With dynamic $TAO upgrades and subnet competition already live, the protocol now operates as a self-sustaining ecosystem.
Grayscale has also highlighted potential institutional interest in the token, particularly with its $TAO ETP filing.
Bittensor price prediction: more pain or $300 next?
The cryptocurrency market’s struggles have led to most altcoins tracking losses over the past several months.
Bittensor price mirrors this outlook, and with Bitcoin constrained around $70,000, sentiment remains largely bearish.
Despite this, can $TAO break towards the $300 mark?
The daily chart paints a slightly bullish picture, given the RSI and MACD indicators.
Bulls can solidify control near $180 and look to reclaim the critical $200 level.
Such a breakout from the descending channel could allow buyers to target the 50-day moving average and swing highs of $240.
From here, the next target of $300 would come into view.
However, failure to successfully reclaim $200 risks a retest of demand zones seen in recent months.
The area around $144 could mark a key short-term support level.
thenewscrypto.com
coinpedia.org
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