{"id":44820,"date":"2025-08-29T18:16:58","date_gmt":"2025-08-29T18:16:58","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=44820"},"modified":"2025-08-29T18:16:58","modified_gmt":"2025-08-29T18:16:58","slug":"bitcoin-hammered-below-109k-as-conference-indicator-strikes-again","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=44820","title":{"rendered":"Bitcoin Hammered Below $109K as Conference Indicator Strikes Again"},"content":{"rendered":"
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Historical data around Bitcoin Magazine’s annual U.S. Bitcoin Conference has shown a clear pattern<\/a> of poor price performance for bitcoin during and just after the event. The indicator didn’t disappoint in 2025, with bitcoin (BTC) struggling in late May\/early June alongside and then following this year’s Las Vegas conference.<\/p>\n

The logic behind that price action isn’t that hard to decipher: in the weeks leading up to the show, conference organizers \u2014 looking to sell tickets and generate media coverage \u2014 overhype the speakers and what are sure to be “massive” announcements.<\/p>\n

What follows is the usual cast of influencers, bitcoin OGs and newcomers to the sector (this year the Trumps) extolling “freedom money,” “massive institutional and sovereign adoption,” and “bitcoin to the moon.”<\/p>\n

How could the price do anything but dump?<\/p>\n

Bitcoin Asia<\/h5>\n

For those not paying close attention, Bitcoin Magazine’s Bitcoin Asia conference<\/a> took place this week in Hong Kong.<\/p>\n

The featured speakers included Eric Trump, CZ, Adam Back, Balaji Srinivasan and David Bailey. Among the subject matter covered \u2014 you guessed it \u2014 “freedom money,” “massive institutional and sovereign adoption,” and “bitcoin to the moon.”<\/p>\n

The price action: sharply lower.<\/p>\n

At around $115,000 as attendees began arriving in Hong Kong earlier this week, bitcoin has tumbled to the current $108,400. This included about a 4% dive overnight in the U.S. (Friday in Hong Kong) as David Bailey and Eric Trump took the stage for a chat titled “Bitcoin Takes Over the World.”<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Historical data around Bitcoin Magazine’s annual U.S. Bitcoin Conference has shown a clear pattern of poor price performance for bitcoin during and just after the event. The indicator didn’t disappoint in 2025, with bitcoin (BTC) struggling in late May\/early June alongside and then following this year’s Las Vegas conference. The logic behind that price action […]<\/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-44820","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\/44820","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=44820"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/44820\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=44820"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=44820"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=44820"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}