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Author Topic: Exploring SHIB's Price Connection with Bitcoin and Ethereum  (Read 355 times)

Offline lacihuxley222

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Data shows that the Shiba Inu price has closely followed Bitcoin price movements more than any other asset, with SHIB and BTC boasting the highest price correlation matrix over the last 30 days.

Shiba Inu (SHIB) has been a beneficiary and victim of broader market trends depending on their direction. When the market records an uptrend, Shiba Inu typically records price upswings. However, during a market downtrend, SHIB witnesses substantial declines.

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Offline Hamza2424

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Re: Exploring SHIB's Price Connection with Bitcoin and Ethereum
« Reply #1 on: June 08, 2024, 07:26:01 PM »
Hmm, TBH dear OP there's no potential in the SHIB from the long-term point of view, yup I know OP your post is not about the long-term investment tips in the SHIB, you are trying to promote the signals, whether it's free or paid I always oppose the trading signals for the newbies because how can a person trust a random signal for his/her precious assets. If a person is a self trade and he utilizes such trading signals for the learning purpose to test his efficient results.

Note: I'm not sure such a promotion si allowed or not even if its free.
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Re: Exploring SHIB's Price Connection with Bitcoin and Ethereum
« Reply #1 on: June 08, 2024, 07:26:01 PM »

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