Bitcoin’s Downtrend Explained By Wall Street Vet: It’s An ‘IPO-Style Distribution’
Veteran Wall Street investor Jordi Visser said on Anthony Pompliano’s podcast that the current Bitcoin (CRYPTO: BTC) price action resembles an “IPO-style distribution.”
Visser Says Bitcoin’s Setup Mirrors an IPO Distribution Phase
Visser, a macro investor with over 30 years of professional market experience and founder of Visser Labs, told Pompliano that “every possible thing you’d want for Bitcoin is happening.”
He cited government support, growing institutional infrastructure, and continued retail inflows as key signals of structural maturity.
According to Visser, the recent selling by long-time holders and miners resembles an “IPO-style distribution,” where early investors diversify after years of outsized gains.
He compared the move to a normal market rotation, noting that large holders “with $9 billion in Bitcoin” are taking …