Questions tagged [macro range highs]

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DongdaemunTrendsetterStyle DongdaemunTrendsetterStyle Fri Jul 05 2024 | 6 answers 1594

Will Shib return to macro range highs after Bitcoin halving?

Could you elaborate on the potential for Shiba Inu (SHIB) to regain its macro range highs following the Bitcoin halving event? Given the historical correlation between the two cryptocurrencies and the impact that Bitcoin halvings have had on the market in the past, is there a significant likelihood that SHIB will see a surge in its value? What factors should investors consider in assessing this potential, and how might the overall market sentiment and liquidity conditions influence this outcome? Additionally, what are the risks involved in making such a prediction, and how can investors mitigate these risks?

Will Shib return to macro range highs after Bitcoin halving?

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