Presently where Bitcoin reached an all-time price high of about $68,950. The meme coin and its doppelganger as DOGE and SHIB are trading down by 1.7% and 7.9%, respectively. SHIB, after experiencing a bull run for the past few weeks, is currently witnessing a steep dip. According to a senior commodity strategist at Bloomberg Intelligence, Mike McGlone, Shiba Inu (SHIB) might face some difficult times ahead.