{"id":28836,"date":"2025-05-27T16:02:20","date_gmt":"2025-05-27T16:02:20","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=28836"},"modified":"2025-05-27T16:02:20","modified_gmt":"2025-05-27T16:02:20","slug":"can-bitcoin-break-conference-curse-at-this-weeks-las-vegas-event","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=28836","title":{"rendered":"Can Bitcoin Break Conference Curse at This Week’s Las Vegas Event?"},"content":{"rendered":"
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As bitcoin BTC enters this week\u2019s Bitcoin Conference in Las Vegas priced at roughly a record high above $109,000, traders and analysts are closely watching whether it what’s become a trend of poor performance after these events.<\/p>\n

Historical data compiled by Galaxy Research<\/a> across five prior conferences from San Francisco in 2019 to Nashville in 2024 reveals that bitcoin has generally fared poorly both during and especially after these gatherings. <\/p>\n

For example, the 2019 event saw a 10% decline during the conference and BTC went on to tumble 24% over the following month. The 2022 conference in Miami showed a similar trajectory: down 1% during the event and a steep 29% slide in the month after. Both of those instances, however, occurred in the middle of bear markets.<\/p>\n

Even in bull market years like 2023, though, price action remained flat or slightly negative. <\/p>\n

The most recent 2024 conference in Nashville in July \u2014 which featured then-presidential candidate Donald Trump promising a strategic bitcoin reserve \u2014 posted a 4% gain during the event, but a fast 20% decline shortly after, coinciding with the unwinding of the yen carry trade that triggered a broader risk-off move across global markets.<\/p>\n

The setup this year \u2014 which is set to feature current Vice President J.D. Vance \u2014 could be materially different as institutional engagement<\/a> is rising. Still, with historical data stacked against it, bitcoin faces a psychological hurdle as much as a technical one. Conference weeks have become sell-the-news moments.<\/p>\n

\"BTCUSD<\/div>\n","protected":false},"excerpt":{"rendered":"

As bitcoin BTC enters this week\u2019s Bitcoin Conference in Las Vegas priced at roughly a record high above $109,000, traders and analysts are closely watching whether it what’s become a trend of poor performance after these events. Historical data compiled by Galaxy Research across five prior conferences from San Francisco in 2019 to Nashville in […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-28836","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/28836","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=28836"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/28836\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=28836"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=28836"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=28836"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}