Troy Cross warns Bitcoin is in IPO mode

Troy Cross warns Bitcoin is in IPO mode
@thetrocro: Bitcoin IPO mode warning

Troy Cross conveys his concern over the current distribution phase of Bitcoin, likening it to IPO mode. Despite expressing a bearish stance, he clarifies that he does not hold a short position nor acts as a promoter.

Cross references a recent piece that aligns with his perspective on Bitcoin's market behavior, suggesting the need for a more measured outlook.

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