In the midst of the recent turbulence in the cryptocurrency market, Lucie, the chief strategist of the Shiba Inu team, remains optimistic about the future of the SHIB token. Despite the recent decline in the market, Lucie emphasizes that Shiba Inu is gearing up for a supercycle, fueled by the influence of Bitcoin on the crypto ecosystem.
In her latest analysis, Lucie projected Bitcoin’s trajectory from 2015 to 2024, identifying crucial phases that include a market bottom, a reaccumulation phase, and an upward cycle. “This pattern is ongoing, and we anticipate that the settlement and reaccumulation phases will drive a significant rise,” Lucie stated. The forecast suggests that Bitcoin’s next bull cycle will commence between 2024 and 2025, following the reaccumulation that took place in 2023, pointing to a promising future for SHIB.
Taking a step back, we can see that we are still on track for a supercycle. The path to success is never a straightforward one.
2024/2025 will be an interesting period.
$BTC
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— | SHIB.IO ♀️ (@LucieSHIB)
April 17, 2024
The Bitcoin halving event, which occurs every four years and reduces miners’ block rewards, is scheduled to take place on April 20. Currently, miners receive 6.25 BTC per block, but this will decrease to 3.125 BTC. Historically, these events have led to significant increases in the price of Bitcoin, a trend that Lucie believes will also benefit SHIB. “With the BTC halving, the SHIB Army will anticipate the start of a supercycle,” she expressed.
Currently, Shiba Inu is priced at US$0.00002577, experiencing a 12.8% increase in the past 24 hours. Lucie’s optimism reflects the widespread confidence in the resilience and growth potential of the cryptocurrency, despite recent market fluctuations.
Lucie encourages the Shiba Inu community to take a broader perspective and consider long-term trends, which indicate a promising path ahead for the SHIB token.
Disclaimer: The views and opinions expressed by the author or individuals mentioned in this article are for informational purposes only and do not constitute financial, investment, or other advice. Investing or trading cryptocurrencies carries the risk of financial loss.
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