Bittensor (TAO) Halving Dec 14–15 — Supply Cut May Boost Price
Bittensor (TAO) is set to undergo its first protocol halving around Dec 14–15, triggered automatically when total supply reaches ~10.5 million TAO. The halving will cut block rewards from 1 TAO to 0.5 TAO, reducing daily issuance from roughly 7,200 TAO to about 3,600 TAO and reinforcing the token’s 21 million max supply. Bittensor’s halving is supply-threshold driven rather than strictly block-height based, producing an effective cadence similar to Bitcoin’s four-year cycle. Recent price action shows TAO trading near key support around $276–$290 and testing resistance in the $317–$330 zone; technicals on short timeframes show bullish momentum (4-hour RSI ~62, bullish MACD) while daily indicators point to a nascent trend shift (daily RSI ~47, MACD turning bullish). Historical moves after tests of the support area have seen rallies into the $369–$477 range and occasional breaks above $500. The halving should reduce inflationary pressure and may create upward price pressure and higher volatility, but gains are not guaranteed. Traders should watch support near $276, immediate resistance ~$330, and upside targets at ~$360, $400–$420 and long-term expansion zones near $520. Note also reported institutional interest (e.g., Grayscale) as a potential supportive factor. This is not investment advice.
Bullish
The halving materially cuts TAO’s new daily issuance (≈7,200 → ≈3,600), reducing inflation and increasing scarcity — a structural supply shock that historically supports price over time. Short-term technicals from both summaries show strengthening momentum (4-hour bullish indicators, daily MACD turning bullish) and identified support levels that have historically preceded rallies into mid- to high-range targets. Institutional interest (mentioned Grayscale) adds a potential demand-side catalyst. However, the event also raises volatility risk: halvings can trigger speculative runs and sharp pullbacks, and price gains are not guaranteed without sustained buying. For traders: expect heightened intraday and swing volatility around the halving, a bullish bias for TAO over the medium term given supply reduction, and clear levels to manage risk (support ~$276, resistance ~$330, upside targets ~$360, $400–$420, and long-term ~$520).