In a recent statement, Lucie, the marketing lead for Shiba Inu, expressed concerns about a potential bearish outcome for the cryptocurrency market. This warning comes as Apple exits X, a social media platform, citing security concerns, and Elon Musk adds pressure with his criticism.

Lucie highlighted the severity of the security concerns on X, including death threats and other safety issues that have gone unaddressed by the platform. This lack of action has led to Apple's decision to exit X, which may have far-reaching implications for the cryptocurrency market.

The price of SHIB, Shiba Inu's native cryptocurrency, is already trading in a bearish pattern, and Lucie's warning may exacerbate the downward trend. The price action shows a corrective movement within an ascending parallel channel since June 2023, with a recent breakdown from a symmetrical triangle pattern. This breakdown indicates a potential continuation of the bearish trend.

Elon Musk, a prominent figure in the cryptocurrency space, has also criticized X's security concerns, adding pressure to the situation. Musk's influence on the market is significant, and his comments may contribute to the bearish outcome warned by Lucie.

The combination of Apple's exit from X, Elon Musk's criticism, and the already bearish price action of SHIB may contribute to market volatility. This volatility could impact not only SHIB but also other cryptocurrencies, leading to a broader market downturn.

In light of these developments, investors and traders are advised to exercise caution and closely monitor market trends. The cryptocurrency market is known for its unpredictability, and staying informed is crucial for making informed investment decisions.

As the situation unfolds, it remains to be seen how the market will respond to these factors. One thing is certain, however: the warning from Lucie and the developments surrounding X and Apple serve as a reminder of the importance of security and the potential consequences of neglecting it.