Despite the recent turmoil in the cryptocurrency market, Lucie, the key strategist for the Shiba Inu team, remains optimistic about the future of the SHIB token. She believes that Shiba Inu is gearing up for a supercycle, thanks to the influence of Bitcoin on the crypto ecosystem.
In her latest analysis, Lucie examined Bitcoin’s trajectory from 2015 to 2024 and identified crucial phases that include a market bottom, a reaccumulation phase, and an upward cycle. According to Lucie, this pattern is ongoing, and she expects the settlement and reaccumulation phases to drive a widespread rise. Her forecast suggests that Bitcoin’s next bull cycle will commence between 2024 and 2025, following the reaccumulation that took place in 2023. This bodes well for the future of SHIB.
Lucie tweeted, “Zoom out. We’re still on track for a super cycle as far as I can see. It’s never a straight line to heaven. 2024/2025 will be interesting.” Alongside her tweet, she shared a chart comparing Bitcoin and SHIB prices.
The Bitcoin halving event, which occurs every four years and cuts miners’ block rewards in half, is scheduled for April 20. Currently, miners receive 6.25 BTC per block, but this will be reduced to 3.125 BTC. Historically, these events have led to significant price increases for Bitcoin, and Lucie believes that this will also benefit SHIB. She stated, “With the BTC halving, the SHIB Army will anticipate the start of a supercycle.”
Currently, Shiba Inu is priced at US$0.00002577, showing a 12.8% increase in the past 24 hours. Lucie’s optimism reflects a widespread confidence in the cryptocurrency’s ability to withstand market fluctuations and its potential for growth.
Lucie encourages the Shiba Inu community to take a long-term perspective and consider the promising trends that lie ahead for the SHIB token.
Disclaimer: The views and opinions expressed in this article are solely for informational purposes and do not constitute financial or investment advice. Investing or trading cryptocurrencies carries the risk of financial loss.
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