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Cryptocurrency News Articles

Shiba Inu's Top Strategist Remains Bullish Despite Market Turmoil

Apr 21, 2024 at 06:01 am

Shiba Inu's key strategist, Lucie, maintains an optimistic outlook for the SHIB token, despite recent market turmoil. Projecting Bitcoin's trajectory through 2024, Lucie anticipates the start of a 'supercycle,' citing critical market phases that suggest a widespread rise in cryptocurrencies. The upcoming Bitcoin halving event is also expected to boost SHIB's value, with the halving historically leading to significant price increases.

Shiba Inu's Top Strategist Remains Bullish Despite Market Turmoil

Amidst the recent turbulence in the cryptocurrency market, Lucie, the prominent strategist of the Shiba Inu team, maintains an unwavering optimistic outlook for the future of the SHIB token. Despite the market's current downturn, Lucie emphasizes that Shiba Inu is actively preparing for a supercycle, propelled by Bitcoin's significant influence on the crypto ecosystem.

In her latest analysis, Lucie charted Bitcoin's trajectory from 2015 to 2024, discerning crucial phases that include a market bottom, a reaccumulation phase, and an upward cycle. "This pattern persists, and we anticipate that the settlement and reaccumulation phases will facilitate an extensive rise," Lucie stated. The forecast suggests that Bitcoin's subsequent bull cycle will commence between 2024 and 2025, following the reaccumulation that transpired in 2023, indicating a potential future for SHIB.

Adopting a broader perspective, Lucie asserts, "As far as I can discern, we remain on track for a super cycle. The path to success is never linear." Elaborating on the significance of 2024/2025, she notes, "$ BTC x $ SHIB."

The impending Bitcoin halving event, scheduled for April 20, is slated to halve miners' block rewards, an occurrence that transpires every four years. Presently, miners receive 6,25 BTC per block, but this will diminish to 3,125 BTC. Historically, such events have engendered substantial increases in Bitcoin's price, a trend that Lucie believes will positively impact SHIB. "With the BTC halving, the SHIB Army will eagerly anticipate the commencement of a supercycle," she remarked.

At the time of writing, Shiba Inu is valued at US$0,00002577, representing a notable 12.8% increase within the last 24 hours. Lucie's optimism mirrors the widespread belief in the cryptocurrency's resilience and potential for growth, despite the recent market fluctuations.

Lucie encourages the Shiba Inu community to "zoom out" and embrace a long-term perspective, as the data suggests a promising trajectory for the SHIB token in the years to come.

In light of the recent market volatility, Lucie's unwavering optimism serves as a beacon of hope for investors, reinforcing the notion that Shiba Inu remains poised for substantial growth in the cryptocurrency landscape.

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Other articles published on Jan 10, 2025