Analyst Predicts Shiba Inu Price to End 8-Month Correction; Is $0.00004 Rally Close?

The crypto market has witnessed a bearish turnaround ahead of the U.S. presidential election. As Bitcoin price dives below the $70,000 threshold, most major altcoins, including popular memecoin coin SHIB, showed renewed selling pressure. However, crypto analysts predict this pre-election pullback could recuperate the bullish momentum and drive a major breakout from the Shiba Inu price 8-month correction.