$BTC $ SHIB Can it create the wealth legend of 2021 again and rise by 1200%?

Recently, the SHIB market has been a bit turbulent, and the price has fallen for two consecutive days because some traders want to withdraw after making money. But even so, some market experts are quite confident about the future of SHIB. They think SHIB can be popular again and even rise to $0.000088.

Since August, SHIB has risen by 137%, along with Bitcoin and other popular coins. The reasons behind this are that the Federal Reserve may cut interest rates and Trump may make regulations more relaxed. Some experts say that SHIB may take off again, like it did in 2021, and challenge the historical high price.

If SHIB really wants to rise to $0.0000885, it will have to rise by another 270%. Moreover, as long as it breaks through this year's high of $0.0000455, it is possible to rise all the way to $0.0001, which is 316% higher than now. In the world of digital currencies, such surges are not uncommon, such as PNUT’s recent 210% increase.

There are three main reasons for this decline: first, there is a signal of reversal on the technical chart; second, there is an indicator showing that everyone has bought too much; third, the entire market is in a correction, and everyone wants to sell. However, if Bitcoin can rise to $100,000 again, small currencies such as SHIB may also rebound.