The descending warning; Why can the initial supply of Circle Stocks initiates the fall of Bitcoin?

The arrival of the Circle, the USDC Stubble Exporting Company, has received various reactions to the crypto community through the initial stock market (IPO).

Some analysts warn that this could be a sign of the height of bitcoin prices and the beginning of a price correction period.

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Ignas, an analyst, cited the initial offering of Kevinbis’s shares in April, that the event coincided with the historical peak of Bitcoin ($ 6,000), but then the market entered a 5 % descending rally.

Research by the 4x Research company also shows that the supply of bitcoin ETFs, the start of future trading on the CME stock exchange and other similar events, often associated with price ceilings.

These events usually attract the attention of institutional and micro investors. With the introduction of capital into the market, prices rise. But after reaching the peak, profit harvesting and price correction begins, often leading to a sharp decline in bitcoin value.

In this regard, analysts warn that the initial supply of Circol’s shares, known as an important milestone in the crypto industry, may be another warning signal.