Bitcoin News

A noted Bitcoin adviser has warned that Shiba Inu faces an uphill climb unless it retakes a prior support band, a call that has stirred debate across crypto social channels. Related Reading: Institutions Scoop Up 9,000 Ether, Fueling Bullish Signals According to posts by BingX Bitcoin adviser Nebraskan Gooner, the token must return above a horizontal region he marked between $0.000014 and $0.00001 to avoid a "dead" outlook. Key Support Level Under Scrutiny Gooner's chart points to a multi-year zone that once acted as firm support. Reports show SHIB touched that band and later surged to about $0.000045 in early March 2024. The importance of the area is highlighted by the token's price action: it has spent much of Q4 2025 below that range, and at the time of reporting SHIB was trading around $0.000008618. That places the coin roughly 33-38% below the $0.000013-$0.000014 region that many traders watch as critical. $SHIB Dead unless it reclaims red. pic.twitter.com/LOllFuyPYv -- Nebraskangooner (@Nebraskangooner) December 9, 2025 Technical Traders See Trouble Ahead Breaking a long-held support level often flips buying interest into resistance, and that scenario is what traders fear here. Based on reports from market commentators, a failure to climb back into the red band would make upward moves harder and likely sap momentum. Gooner used blunt language, saying "Dead unless it reclaims red" unless the token reclaims the zone. The phrase was repeated widely, feeding both bearish calls and pushback from supporters. Community Response And Roadmap Calls Across social threads, many users argued that SHIB is not unique; several altcoins appear stalled in the current phase. A number of holders said SHIB's recovery chances may hinge on a wider altcoin rebound, sometimes called altcoin season. According to Zach Humphries, members of the Shiba Inu project must refocus every ecosystem initiative around SHIB, reposition the token to attract renewed retail interest, and publish a clear, actionable roadmap to restore earlier momentum. Bitcoin's Role In A Possible Comeback Some analysts pointed to Bitcoin as the likely spark for any broad recovery, expecting the alpha coin to rebound toward $125,000 from around $90,000, while others have projected a new peak near $150,000 in 2026. If Bitcoin climbs above $100,000, traders say speculative flows could return and lift meme tokens including SHIB. Related Reading: NFT Slump Worsens With Monthly Sales Hitting Rock Bottom Price Snapshot And What Comes Next Short-term price moves show SHIB up 0.95% in the past 24 hours but down 4.8% over the last week. Many market observers emphasize that a return into the highlighted $0.000014-$0.00001 area would improve technical odds for a rally. At the same time, others warn that even with historical liquidity and a large community, reclaiming a broken support is often difficult and can take time. The coming weeks will likely test whether market-wide momentum or renewed project direction can change SHIB's path. Featured image from Unsplash, chart from TradingView