Shiba has bounced off very key support around the previous local top. Target is golden ratio. I believe we can hit it within 7-10 days. Majority of the large holders who hold a large bag are gamblers. After seeing this pump I do not see them selling. Additionally we have reached near top ten status. I do not see this going to 0 anytime soon and if it does it will be slow. a 1x will put us above #DOGE meaning a long term hold could be viable considering how long Doge has been around.
Regardless, if the FED stops printing late next year. Which I believe to be a viable possibility. Everything will enter into healthy ~2 year bear market, which of course includes #SHIB.
Regardless, if the FED stops printing late next year. Which I believe to be a viable possibility. Everything will enter into healthy ~2 year bear market, which of course includes #SHIB.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.