Bitcoin Price (BTC) Analysis: Patience, Urges Long-Term Bull

Bitcoin's price action has remained muted despite various positive developments such as successful ETFs, increased institutional adoption, and favorable regulatory conditions. According to traditional finance asset manager Jordi Visser, the situation mirrors the post-IPO phase of stocks where early investors gradually seek liquidity. He emphasizes that observing long-term price consolidation is necessary, which can take several months or even years before a notable price increase occurs. Visser points out that while the market has matured, current ownership transitions might seem frustrating, with many long-term holders waiting patiently to sell. On-chain data suggests that previously inactive bitcoins are now being transacted, indicating a shift. This gradual process should eventually pave the way for significant price movements, yet the sentiment may only improve once the ownership distribution stabilizes. In the meantime, Bitcoin bulls are urged to remain patient as they anticipate a clearer path ahead after the current selling phase concludes.

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