'Bitcoin's Silent IPO': Analyst Addresses BTC's Lame Price Action in Viral Weekend Essay
Update: 2025-11-02
Description
Bitcoin's stagnant price has left investors puzzled, but Jordi Visser suggests a comparison to traditional IPOs. Early investors are cashing out slowly, causing a period of flat prices. However, Visser argues that bitcoin's market has matured, allowing large holders to sell discreetly. Recent data shows older coins moving, indicating early adopters locking in gains. Despite the slow transition, many believe this shift from early adopters to institutions and the public sets the stage for steady long-term growth.
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