Shiba Inu continues to struggle in the market, especially as Bitcoin continues to demonstrate muted price movements ahead of the halving. This market-wide downtrend continues to keep the prices of cryptocurrencies down. However, for the long term, the outlook for coins like Shiba Inu continues to be incredibly bullish, according to analysts.
Crypto Analyst Says Shiba Inu Is Now In Macro Third Wave
Crypto analyst Crypto Cipher took to X (formerly Twitter) to share his latest Shiba Inu analysis with the community. Cipher first caught the attention of the SHIB community with his analysis from May 2023, which revealed an accumulation phase for the meme coin, with recoveries following not long after.
This time around, the crypto analyst is calling out the bottom of the current trend, explaining that the Macro 3 wave is now in motion for the altcoin. This comes after the completion of both 1st and 2nd waves which player out between the end of 2023 and the start of 2024.
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We współpracy z: https://bitcoinist.com/shiba-inu-campaign-0-00028/
