Weekend Looking Up For SHIB – Following BTC

Well took me a moment to really think about the direction of the market. If you have read in crypto news lately it was expected to see Bitcoin drop below 30k before it’s next rally. So they say. But it’s possible it could have hit its low for January because now BTC has turned around and is currently back at 37k after hitting a low below 33k. So what does that mean for SHIB? BTC sets the pace of the market.

In other news SHIB has a lot of good things going for it. It’s preferred amongst the ETH whales and has even surpassed FTX. That’s amazing because the ETH whales see the true value in SHIB. SHIB is undervalued in my opinion and I’m expecting it to eat that zero in the next rally.

So where do we go from here. The market feels so bearish. All we can do is take advantage of this opportunity to simply stack more SHIB, CRO and ETH.

My charts above point to a good weekend for SHIB. Hoping it to break that resistance at .000023. As long as BTC stays above 37k and marches towards 40k we can expect to see SHIB back up over .000025 soon. However, if BTC suddenly crashes down back below 33k expect SHIB to drop below .00002. That’s what I see.

Let’s enjoy the weekend and see where we go from here. Keep an eye on the news to see where btc is going. Why? SHIB and the market will follow.

💎🙌🏼🚀

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Note: don’t buy things because I say to. Please do your own due diligence. Crypto is very volatile and what can moon today can crash tomorrow. Take ownership of your choices. Use disposable income. Never sell at a loss. Just a guy who loves crypto who is sharing the journey.