Bitcoin Books & Coffee: Bitcoin’s Silent IPO

Bitcoin looks broken to many investors: stocks are ripping, gold is soaring, institutions are buying, and yet BTC refuses to move. But what if this frustration isn’t a warning sign at all? This article asserts that Bitcoin is going through its own version of an IPO — a long, uncomfortable distribution phase where early believers finally take profits and ownership quietly shifts to institutions and long-term holders. The result feels boring, demoralizing, and confusing, but it may be the clearest…