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Bitwise CIO: Bitcoin is experiencing its IPO moment, sideways and even falling is a "gift"

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2025-11-05 02:51:34
On November 5, Matt Hougan, chief investment officer of Bitwise, wrote that Bitcoin is experiencing its own IPO moment. The so-called IPO moment refers to the time when stocks tend to trade sideways after an IPO, and then start to rise. Technology companies such as Facebook and Google have experienced similar movements. This is very similar to Bitcoin today. Early believers in Bitcoin began to cash out their wealth. But from a long-term perspective, Bitcoin's sideways and even volatile decline is a "gift" - a great opportunity to buy more chips before it resumes its rally.
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