Shiba Inu (SHIB) continues its upward trajectory on Tuesday, joining other crypto assets as they experience modest market recoveries. The price of SHIB hit a peak of $0.00001290, marking its highest point since March 29th and signifying a significant surge of nearly 30% from its recent low this year. This rally was part of a broader increase in the cryptocurrency landscape as Bitcoin (BTC) climbed above $90,000 for the first time since March 12th, with other prominent altcoins like Fartcoin (FARTCOIN), Kaspa (KAS), and Bittensor (TAO) also seeing double-digit gains. Analysts believe Shiba Inu’s price could continue to rise if Bitcoin follows suit. Historically, altcoins often follow the lead of Bitcoin during periods of strong market growth. In fact, many altcoins surged in January as Bitcoin reached an all-time high of $109,300. 2025 predictions are already being made, with analysts like Robert Kiyosaki and CryptoElites expecting significant price jumps for Bitcoin. Robert Kiyosaki predicts that Bitcoin could reach $180,000 by the end of 2025. Crypto analyst @CryptoELlTES predicted a target of $150,000 for Bitcoin in 2025. Shiba Inu’s price is being influenced by several factors. It has become one of the most deflationary meme coins due to regular token burns that contribute to a significant reduction in circulating supply. Additionally, Shiba Inu is aiming to transform into a utility token with its launch of Shibarium, a layer-2 network responsible for over 1 billion transactions. Technical analysis suggests that if Bitcoin continues to climb past $100,000, SHIB price will likely continue its surge. Technical indicators like the double bottom pattern and the Bollinger Bands Trend indicator have displayed bullish signals. The initial target for a substantial upward movement is at $0.00001576, representing a 21% increase from the current level. If this target is met, it would bring the 50% Fibonacci Retracement point at $0.00002217 into view. This suggests that Shiba Inu’s price could reach up to 70% higher than its current value.