Instant Pot "Crack Chicken"

6-8 slices cooked bacon
2 pounds boneless chicken breast
1 packet ranch seasoning
8 oz cream cheese
1/2 cup water
1 cup cheddar cheese

Place chicken and cream cheese in the IP.
Sprinkle the packet of ranch seasoning over the top.
Add half cup water.
Cook on high pressure for 15 minutes. Do a quick release.
Remove chicken and shred.
IP on low heat. Add chicken back in. Add cheese and stir. Stir in bacon.