There is a direct analogous when you work with base $10$.
Take the number $3$ in base $10$. Shift it left: you get $30$, which is $3 \cdot 10$ (and the factor $10$ appears because you are working with base $10$).
The same applies to base $2$. Shifting left is the same as multiplying by $2$.
This comes from the use of positional notation to denote numbers (https://en.wikipedia.org/wiki/Positional_notation).
In base $b$ ($b>1$) the second digit from the right counts $b$ times more than the first digit from the right, the third from the right counts $b$ times more than the second from the right (or $b^2$ times more than the first from the right), and so on.
When you write a number like this
$$ a_n a_{n-1} \dots a_2 a_1 a_0 $$
(in base $b$), what you actually mean is the following
$$ a_n \cdot b^n + a_{n-1} \cdot b^{n-1} + \dots + a_2 \cdot b^2 + a_1 \cdot b^1 + a_0 \cdot b^0.$$
With this in mind one can show that the two operations of shifting left and multiplying by $b$ are actually the same:
$$ a_n a_{n-1} \dots a_2 a_1 a_0 0 = \\ = a_n \cdot b^{n+1} + a_{n-1} \cdot b^{n} + \dots + a_2 \cdot b^3 + a_1 \cdot b^2 + a_0 \cdot b^1 + 0 \cdot b^0 =\\= b \cdot \left(a_n \cdot b^n + a_{n-1} \cdot b^{n-1} + \dots + a_2 \cdot b^2 + a_1 \cdot b^1 + a_0 \cdot b^0 \right) =\\= b \cdot (a_n a_{n-1} \dots a_2 a_1 a_0). $$