Amid this week's cryptocurrency market turmoil, Lucie, the key strategist on the Shiba Inu team, maintains an optimistic outlook for the future of the SHIB token. Even after the recent market decline, Lucie highlights that Shiba Inu is preparing for a supercycle, supported by Bitcoin's influence on the crypto ecosystem.
In her most recent analysis, Lucie projected Bitcoin's trajectory from 2015 to 2024, identifying critical phases that encompass a market bottom, a reaccumulation phase and an upward cycle. “This pattern is ongoing and we expect the settlement and reaccumulation phases to drive a widespread rise,” Lucie said. The forecast suggests that Bitcoin's next bull cycle will begin between 2024 and 2025, post-reaccumulation that occurred in 2023, pointing to a promising future for SHIB.
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. $ BTC x $ SHIB pic.twitter.com/olvTGmjIJC
— 𝐋𝐔𝐂𝐈𝐄 | SHIB.IO 🧜🏼♀️ (@LucieSHIB) April 17, 2024
The Bitcoin halving event, which halves miners' block rewards and occurs every four years, is set to take place on April 20. Currently, miners are rewarded 6,25 BTC per block, but this will drop to 3,125 BTC. Historically, these events have led to significant increases in Bitcoin price, which Lucie believes will also boost SHIB. “With the BTC halving, the SHIB Army will anticipate the start of a supercycle,” she said.
At the current moment, Shiba Inu is priced at US$0,00002577, marking an increase of 12.8% in the last 24 hours. Lucie's optimism reflects widespread confidence in the cryptocurrency's resilience and growth potential despite recent market fluctuations.
Lucie encourages the Shiba Inu community to 'zoom out' and consider long-term trends, which suggest a promising path forward for the SHIB token.
