Bitcoin and Traditional Finance: Price Movement Analysis

Bitcoin's Price Movements Analyzed

Analyst Jordi Visser noted that Bitcoin (BTC), despite not having a new public offering, is experiencing effects similar to those of traditional financial (tradfi) world acceptance. This situation leads to price movements paralleling those of stock public offerings.

Visser stated that in the process of established firms entering the stock market, the price fluctuations resulting from early investors cashing out their shares can last for months or even years. Bitcoin is undergoing a similar process, highlighting how much its price could be affected following investor exits.