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Why Is Bitcoin Going Sideways? The Silent IPO Theory

Jordi Visser, financial analyst and former president of Weiss Multi-Strategy Advisers, explained bitcoin’s price movement, saying it has entered a distribution phase after a silent IPO as initial investors sell part of t...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Why Is Bitcoin Going Sideways? The Silent IPO Theory
Jordi Visser, financial analyst and former president of Weiss Multi-Strategy Advisers, explained bitcoin’s price movement, saying it has entered a distribution phase after a silent IPO as initial investors sell part of their gains and a new guard takes the torch. Bitcoin Going Sideways Explained: A Silent IPO and the Changing of the Guard The […]

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This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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