Michaël van de Poppe: $25K TAO Allocation
Michaël van de Poppe adds $25,000 to TAO in $200K altcoin portfolio as Bitcoin mirrors 2022 action, with TAO at $261.2 holding bullish EMA structure.
SourceAnalysis
Michaël van de Poppe just sized a single $25,000 position in bittensor:native inside his $200,000 altcoin book, calling it the conviction trade that matches his cycle thesis while Bitcoin copy-pastes 2022 price action and on-chain activity revives.
TAO trades at $261.2 inside its Bollinger band with EMA50 support at $239.7 and EMA200 at $221.8, MACD golden cross at 9.09 confirming trend strength while RSI at 64.27 leaves room before upper-band resistance at $277.47 is tested; price action therefore favors a measured pullback to the 50-EMA before continuation rather than immediate exhaustion.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast