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Sunday, 07/09/2023 2:57:09 PM

Sunday, July 09, 2023 2:57:09 PM

Post# of 57822
Rocket Science Not Needed Here

There are more than 23,000 cryptocurrencies, according to CoinMarketCap. Link: https://www.fool.com/investing/stock-market/market-sectors/financials/cryptocurrency-stocks/how-many-cryptocurrencies-are-there/

Out of 23,000 there are just 2 and only 2 that consistently show up on IHUB’s Break Out Board almost every single day of the year. Just stop and think about that for a minute. 23,000 and 2. Those two are…Bitcoin and Shiba Inu. Knowing that fact…It does not take rocket science analytics to see where Shiba Inu is headed. It has been said repeatedly that all coins follow Bitcoin and for years that has basically been true. I’ve watched BTC go up and SHIB follow. I’ve watched BTC go down and SHIB follow. However – and especially in recent days I’ve seen SHIB chart its own course with no regard at all for what BTC is doing. Yesterday I saw a BTC 1 min chart showing a long red fall while SHIB was doing just the opposite with a long steady green climb. Today BTC is in the red SHIB is in the green. I suspect we will see so much focus on SHIB in the next 2 months that BTC may become pretty much a by stander as massive amounts of USD and USDT move into SHIB ahead of Shibarium.
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