Shiba Inu Set for Epic Run as Bitcoin's Accumulation Ends

According to SHIB.IO market lead Lucie, the Shiba Inu (SHIB) ecosystem is set to experience a super cycle following Bitcoin's (BTC) recent market cycle completion. Lucie analyzed BTC's market movements from 2014 to 2025, identifying three distinct phases: bottom, re-accumulation, and bull market. Bitcoin's latest re-accumulation phase ended in late 2023, with SHIB's price beginning to rise in late February 2024.

Shiba Inu Primed for Super Cycle as Bitcoin Re-Accumulation Cycle Concludes

According to Lucie, the market lead for the Shiba Inu ecosystem, SHIB is poised for an extraordinary super cycle following the completion of Bitcoin's (BTC) latest re-accumulation cycle in 2023. This projection stems from an in-depth analysis of Bitcoin's market movements from 2014 to a projected 2025, which Lucie recently unveiled on X.

The analysis reveals three distinct phases in the BTC market: the 'Bottom', the 'Re-accumulation' phase, and the 'Bull Market.' The market bottom, as defined by Lucie, occurs when a downtrend halts, finding support at a specific price point, and subsequently reverses direction. In this instance, the latest BTC market bottom materialized in November 2022, with BTC plummeting to $15,479. Notably, SHIB did not bottom until June 2023, reaching lows of $0.000005.

The re-accumulation phase signifies a period of market stabilization as investors cautiously re-enter, following the establishment of a market bottom. The chart indicates that Bitcoin's latest re-accumulation phase commenced in March 2023 and concluded towards the end of the year. During this period, BTC traded within a range of $24,840 and $31,875. Similarly, Shiba Inu also experienced a price uptick shortly after reaching its bottom in June 2023. However, SHIB's re-accumulation phase did not exhibit significant price growth.

With the re-accumulation phase now concluded and the market transitioning into a bull run, Bitcoin's price has surged, eclipsing its 2021 ATH. In late February, SHIB also embarked on an upward trajectory, reaching highs of around $0.000045 — a 450% increase and just over halfway to its all-time high (ATH) of $0.00008845.

SHIB Price Market Sentiment

Despite the recent market downturn, the forthcoming halving event is anticipated to provide further impetus to price action. Lucie previously remarked that SHIB could potentially reach its ATH shortly before or soon after the Bitcoin (BTC) halving event, projected for April 20.

As of the time of writing, SHIB is trading around $0.000022, indicating that Lucie's prediction still has at least until May to be validated or refuted. She has consistently expressed her long-term conviction in the project's potential to reach $0.01.

What to Expect

Recent events, including escalating tensions surrounding Federal Reserve rate adjustments and geopolitical unrest in Israel, have caused SHIB's price to decline by nearly 20% over the past month, mirroring the broader market trend.

Market analyst Crypto Gem Finder corroborates Lucie's predictive analysis, suggesting that SHIB may be poised for potential bullish momentum as the BTC halving event approaches. However, it's noteworthy that institutional liquidity involvement in the market and the recent introduction of the Bitcoin ETF present a unique scenario for which there is no historical precedent.

Conclusion

As Bitcoin's latest market cycle progresses, Shiba Inu appears well-positioned to embark on a super cycle, supported by the completion of Bitcoin's re-accumulation phase and the impending halving event. While recent market volatility has impacted SHIB's price, analysts remain optimistic about its long-term potential. Investors are advised to monitor market developments closely and consider their own investment strategies accordingly.