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Analyst Highlights Continued Faith and Growth in Bitcoin Amidst Sideways Trading

Published on November 01, 2025

Categories: Market Analysis Bitcoin Etfs

Despite Bitcoin's sideways price action, one analyst suggests it's entering a new growth phase, akin to an initial coin offering. This sentiment is reinforced by ongoing institutional interest through ETF approvals and the Bitcoin network's hash rate reaching unprecedented highs, indicating robust underlying health and investor confidence.

Bitcoin showing signs of being in the midst of initial coin offering, analyst says

Bitcoin might be moving sideways, but Jordi Visser says there is still faith in the underlying asset, as shown through ETF approvals and the Bitcoin network hashrate hitting new highs.

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A visual representation of Bitcoin's market performance, showing sideways price movement contrasted with indicators of strong underlying growth and faith, such as rising network hashrate and ETF approval symbols. Integrate subtle elements suggesting a new phase or offering for a mature asset.