Market Overview for Bittensor/Bitcoin (TAOBTC)

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Tuesday, Jan 13, 2026 10:49 pm ET1min read
BTC
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Aime RobotAime Summary

- Bittensor/Bitcoin (TAOBTC) fell 1.67% to 0.003076, breaking key support at 0.003076 with a long bearish shadow.

- Late-session volume spiked but failed to reverse the decline, as RSI neared oversold levels without bullish confirmation.

- MACD showed bearish divergence while Bollinger Bands contracted, signaling potential for a downward breakout.

- Critical Fibonacci levels at 0.003095 (38.2%) and 0.003084 (61.8%) now act as near-term resistance for bullish recovery.

- A sustained close below 0.003065 could target the 0.003050 psychological level, reinforcing bearish momentum.

Summary
• Price fell from 0.003128 to 0.003076, showing bearish control and a 1.67% drop in 24 hours.
• A key support level appears around 0.003073–0.003076, with a failed rebound attempt.
• Volume spiked late in the session, but price closed near the session low.
• RSI approached oversold territory but failed to confirm a reversal.
• Bollinger Bands show a moderate contraction, suggesting potential for a breakout.

Bittensor/Bitcoin (TAOBTC) opened at 0.003128, peaked at 0.003137, and closed at 0.003076 after a 24-hour period. Total volume reached 1,127.145 BTC, while turnover stood at 0.3492 BTC-equivalent, signaling moderate trading activity.

Price Action and Structure


Price action displayed a bearish bias, with a decisive breakdown below key intraday support at 0.003076. A long bearish shadow formed in the final 5-minute candle, indicating rejection of higher levels. A 5-minute engulfing pattern confirmed the bearish sentiment. Fibonacci retracements from the 0.003137 high to 0.003076 low suggest critical levels at 0.003095 (38.2%) and 0.003084 (61.8%).

Momentum and Volatility Indicators


The RSI dropped into oversold territory near 29, but no bullish reversal was confirmed. MACD turned bearish with a negative divergence, reinforcing the downward trend. Bollinger Bands showed a moderate contraction during the afternoon, indicating a period of consolidation before the late selling wave.

Volume and Turnover Analysis


Volume and turnover spiked in the 15:45–16:00 ET period, coinciding with the breakdown below 0.003076. However, the price failed to close above the 0.003076 level, suggesting limited buying interest. Divergence between volume and price movement hinted at distribution rather than accumulation.

Forward-Looking Implications


The breakdown below 0.003076 may open the door to a test of the 0.003050 psychological level. A bullish reversal is unlikely unless price reclaims 0.003095 with strong volume. Investors should monitor for a rejection near current levels or a confirmation of bearish momentum below 0.003065.