Shiba Inu (SHIB) price prediction: Google Bard has predicted how many dollars the SHIB price will be if Bitcoin reaches $200,000!

SHIB news: The eagerly awaited Bitcoin halving in the cryptocurrency market is thought to be a major catalyst that will trigger a bullish rally for both BTC and altcoins. There is speculation from analysts and investors about how the halving, which is expected to take place in April 2024, will affect altcoins. However, forecasts for Shiba Inu, the 16th largest digital asset by market capitalization, are quite optimistic. That’s because technical charts from SHIB, a high-energy army of followers, point to a triumphant bull run for the meme coin in 2024.

However, there are many predictions about how high Bitcoin could go after the Bitcoin halving. We consulted Google’s AI Bard to see how high the meme coin could rise if Bitcoin hits its its stated price target. The base level for Bitcoin was $200,000.

SHIB price analysis:

The meme coin, which declined after experiencing a slight volatility at the beginning of January, is trading at $0.000009504, down 10% on the week after the weekly resistance trendline was broken. After losing its grip above the psychological support level, SHIB price this week leads to a 5% decline in a long-tail pattern, reflecting active demand at lower levels.

![](data:image/svg+xml,%3Csvg%20xmlns=‘’%20viewBox=‘0%200%20931%20445’%3E%3C/svg%3E)SHIB 7-day price chart / Source: CoinMarketCapAlso, the RSI indicator signals a loss in buying pressure. According to the price analysis, it will be very important for buyers to hold above the $0.000010 level. In such a case, the reversal could take the uptrend to the next resistance points at $0.0000125 and $0.000015. Therefore, there is a high probability that the altcoin will gain bullish momentum after the retest. Currently, the SHIB price is trading slightly below the psychological mark. However, a weekly decline could have a downside outcome.

Bard predicts: How far can Shiba Inu price climb?

Bard, which made a Terra Classic LUNC prediction last week, stated that it is difficult to predict the future price of any cryptocurrency, as previously stated. It is necessary to consider the volatility in market conditions, increasing and decreasing determination, the impact of speculative news, and remind that these can have an impact on digital assets.

With this in mind, it is possible to take the price of Bitcoin as a benchmark and make a prediction about the potential price of the altcoin. Because Bard emphasized that there is a positive correlation between Bitcoin and SHIB in terms of price trends. Bard explains it this way:

“This means that when the price of Bitcoin rises, the price of SHIB tends to rise as well, and vice versa. The strength of this correlation can change over time, but it has been observed historically.”

Projected price scenarios for SHIB

Counting that Bitcoin has reached $200,000 after its halving, Bard offers two different scenarios for the altcoin accordingly.

According to him, the first scenario is based on a strong correlation between BTC and the meme coin. In this strong positive correlation, if Bitcoin can reach the targeted values, the meme coin could potentially rise to $0.00004386.** The chatbot obtained this price by multiplying the current price of the meme coin by the ratio of Bitcoin’s post-halving price to its current price.

The second scenario is based on a weaker correlation. If the correlation between Bitcoin and SHIB is weaker, the price increase may be lower. In this case, the digital asset could only reach $0.00001357 with a more conservative estimate.** This would still see SHIB surpass $0.00001.

![](data:image/svg+xml,%3Csvg%20xmlns=‘’%20viewBox=‘0%200%201920%201080’%3E%3C/svg%3E)

While none of these predictions will push SHIB to an all-time high, the meme coin’s developers will soon introduce an automated burn portal that could burn tons of SHIB tokens to help boost its price.

The meme coin, which is popular among investors, is currently trading at $0.000009508 after falling below $0.00001 recently. This decline was reportedly due to rumors that the SEC had rejected all applications for spot Bitcoin ETFs. However, according to Bard’s prediction, SHIB holders won’t have to wait too long to take advantage of the meme coin, Bitcoin’s halving benefit. With BTC halving alongside SHIB, new token pre-sales continue to rise. One of them, Meme Kombat, is preparing to set a new record in pre-sales.

Meme Kombat is running to a new record!

Meme Kombat, which is appreciated for its growth potential, has reached quite high figures with pre-sales Currently, the Meme Kombat project has raised $ 6.2 million. MK is a project that offers its investors both fun and profit. It offers the opportunity to earn with staking and staking alternatives, and it also gives the opportunity to earn 112 AYP by staking.

$6.1 million has been passed in the $MK presale⚔️

Where do you think we’ll end by the time Monday comes around? pic.twitter.com/uxJmXb3s1Y

— Meme Kombat (@Meme_Kombat) January 6, 2024

According to the current shares of Meme Kombat, which recently moved to the 10th stage, it has allocated about 50 percent of its total supply to pre-sales. The remaining 30% is distributed to staking and battle rewards. The price of Meme Kombat was $0.279 after 10 stages. The growing Meme Kombat token can be purchased with ETH and USDT on the official website.

Visit Meme Kombat

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