Bittensor (TAO) forms a golden cross, TRUMP Coin outlines bullish pennant as BlockDAG's "Double Your BDAG" offer ignites presale surge

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Bittensor (TAO) has been displaying signs of strength, with its 50-day moving average (MA) crossing above the 200-day MA to form a golden cross. This technical pattern is often associated with continued upward price action.

As the chart above shows, the 50-day MA provides immediate support to the asset, while the 200-day MA serves as a key level for sellers to defend. A break below this level could negate some of the bullish pressure.

However, recent sentiment analysis from Benzinga suggests that the asset has potential to move higher toward the $500 level. This analysis also highlights a strong interest in the asset, which is evident in the high trading volume and the large number of traders discussing the asset online.

This analysis assesses the market breadth, technical trends, earnings reports, and the levels of enthusiasm among traders on social media to provide a unique perspective on the market.

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More importantly, traders are becoming increasingly bullish on Bittensor, with a majority of them expecting the asset to continue moving higher in the short term. This optimism is being fueled by the asset's strong technical trends and the high levels of pessimism that traders have become accustomed to in 2023.

Of course, failing to hold its current pace could lead to a retracement toward previous support, or spark interest in the next asset. Overall, though, Bittensor sentiment analysis continues to highlight optimism as the asset holds a promising position in its current trend.

However, this setup still relies on follow-through before investors see real confirmation. By contrast, BlockDAG offers more than just potential; it delivers a defined advantage with its limited-time “Double Your BDAG” offer.

Urgency is also rising as June 13 approaches, when the $0.0020 presale price unfreezes and listings on 20 centralized exchanges open.

For those who missed the first round of the presale, the opportunity to join one of 2023’s most discussed presales is closing rapidly.

To clarify, the offer allows anyone who has spent $200 or more during the presale to pay just 50% of that amount again to double their total BDAG allocation. In many cases, this translates to a 4x stack, making it one of the most aggressive accumulation windows the presale market has seen in months.

This offer was originally set to expire earlier, but due to overwhelming participation, it has been extended by 7 days.

As the image above shows, this has triggered a sharp spike in presale volume, with both seasoned traders and new participants rushing to take advantage before the window closes.

The fixed presale price and upcoming GO Live Reveal have created a perfect storm for accumulation, especially for those seeking high entry leverage ahead of public trading.

This aligns perfectly with BlockDAG’s strategy, which the team has openly discussed in their community updates.

With the token price locked while investor sentiment peaks, this final phase of presale accumulation has turned into a calculated rush.

As the countdown continues, all eyes are on how this presale frenzy will translate once trading begins.

The next 40 hours could determine who enters the market well-positioned and who misses the last real chance to multiply their BDAG holdings.