Google Bard: If Bitcoin hits $200,000 after halving, SHIB could peak at $0.000043

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In the ever-evolving world of cryptocurrency, speculation and anticipation are running high as the crypto community prepares for the upcoming Bitcoin halving in April. Digital assets that are getting a lot of attention include the Shiba Inu (SHIB), which is being discussed by the passionate SHIB Army community. Predictions about coin performance after halving.

The real news, however, is Google Bard’s tantalizing prediction of SHIB’s future value based on the assumption that Bitcoin will hit the $200,000 mark after the halving. With the precision of a digital oracle, Bard (Google’s vast artificial intelligence language model) delves into the complex dynamics between Bitcoin and SHIB to reveal potential scenarios.

Bitcoin’s Impact on SHIB Price

Let’s explore Bard’s analysis of the correlation between Bitcoin price and SHIB. This artificial intelligence chat room acknowledges the inherent difficulty in predicting the future value of any cryptocurrency, including SHIB. This challenge is caused by a variety of factors such as market sentiment, adoption rates, and unforeseen news events. Despite this complexity, Bard highlighted the historically observed positive correlation between Bitcoin and SHIB.

According to Bard’s analysis, historical trends show that when the price of Bitcoin increases, the value of SHIB tends to increase accordingly, and vice versa. The strength of this correlation will fluctuate over time, but remains an important factor in predicting SHIB’s future value.

Bud revealed two situations

Bud tells a complex story through two different scenarios, delving into SHIB’s potential valuation depending on Bitcoin hitting the $200,000 milestone after the halving.

In Scenario 1, there is a strong and solid positive correlation between Bitcoin and SHIB, and Bard ventures into speculative territory, suggesting that SHIB may peak at $0.000043. This complex calculation is performed by carefully multiplying SHIB’s current market price by the quotient obtained by dividing the post-halving Bitcoin price by its current market value.

In contrast, in Scenario 2, where the dependence between Bitcoin and SHIB shows a downward trend, Bard takes a cautious stance and provides a more limited estimate.

In this case, SHIB’s expected peak price is a more modest $0.000013. While there are clear differences between the two scenarios, the overall conclusion is that there are undeniable prospects for SHIB’s value to increase beyond its current value limits.

SHIB’s future path

As for SHIB’s current status, the beloved memecoin is currently trading at $0.0000096, having recently fallen below the $0.00001 mark. The decline was prompted by rumors that the U.S. Securities and Exchange Commission (SEC) intends to reject all spot Bitcoin ETF applications.

However, Bard’s vision provides good opportunities for SHIB holders. The AI chatbot predicts that SHIB will benefit from the Bitcoin halving in the near future and may reach new heights.