币界网报道：Bittensor's TAO token demonstrates a potential 29% upside as it forms a bullish harmonic pattern, according to technical analysis. The decentralized machine learning network's native cryptocurrency has been gaining traction, with its price action suggesting a possible continuation of the current uptrend. Market observers note that TAO has been following a distinct harmonic price structure, specifically a bullish Bat pattern, which typically indicates a reversal point in the asset's trajectory. The pattern's completion at the $380 support level has sparked optimism among traders, with the projected target sitting around $490 - representing the anticipated 29% increase. Bittensor's unique proposition as a decentralized AI platform that rewards contributors with TAO tokens for providing machine learning services has contributed to growing institutional interest. The network's recent developments, including protocol upgrades and expanding ecosystem partnerships, have further bolstered confidence in the project's long-term viability. Analysts caution that while the harmonic pattern presents a compelling technical case, macroeconomic factors and broader crypto market sentiment could influence TAO's price movement. The token's performance will be closely watched as it approaches the critical resistance levels identified in the pattern's structure.