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Bittensor Price Tests Key Support Amid Persistent Bearish Pressure

Guavy AI Editorial Team
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BTC TAO OM
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The price of Bittensor (TAO) has been testing key support at $194 amid persistent bearish pressure.

Over the past week, TAO was down nearly 4%, and its recent bounce from $194 to $291 in mid-June did not translate into a bullish trend recovery.

The same support zone around $194 that TAO crypto prices recently slid below has been a point of interest for traders and analysts.

Macro factors such as the FOMC's rate decision can send Bitcoin (BTC) into a bearish trend, which may also impact the price of TAO in the coming weeks.

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