SHIB Can it recover or Is the Steam Already GoneI've been in my SHIB position for a while now. I am thinking price will be able to push higher if it is able to survive the onslaught of Central Bank Rate Hikes and the negative crypto news that have been coming out lately. There are things in work for SHIB, but it all comes down to if people what to get in the coin or not. For now, without the easy that was there back in 2021, it is difficult to say that SHIB can climb higher, even with things like the crypto burns and Shibrium (I think that's how you spell it). But here is how I am going at it. First I am ok with losing the money I placed on it. Which means that I don't have my whole life's savings on this coin and I am not doing that "Yolo" stuff. So I got my mindset in the correct path. I am look for price to push lower, to the 0.000008 lvl to purchase some more coin. I am thinking price might hit the 0.000005 and at this lvl, I'll purchase some additional coin. I am thinking people who are already in the coin are going to hold anyways since what else is to do, sell?? They have likely came to terms with, if the coin tanks, I already knew this was going to happen. Moving on, one I get into my final position, that's it. I just wait and see what price does. The coin will just need to last until 2024 and if it does, I think price will be able to start pushing higher and hit 0.00001 sometime in late 2024 or mid 2025.
Of course there are many other things that come into play that could affect the coin. One being the regulations that are attempting to be pushed out to deal with crypto. Then you got the geo political issues and whatever else is being cooked up across the globe. But I must say, if price does push higher, I'll be one happy camper, indeed. Y'all have a great trading year out there.
