The Bitcoin Conference is approaching, and the turning point may be right in front of us!
The Bitcoin Conference coming on May 27 is one of the most anticipated events of the year. Looking back to last July, just three days after the Bitcoin Conference ended, BTC experienced a cliff-like drop.
The current market state is even more delicate—on one side, there are the tariff shocks from Trump, and on the other, the 'Annual Bitcoin Gala' is about to unfold. The overlap of such positive and negative factors could very likely be exploited by major funds, becoming an opportunity to 'sell on good news.'
Don't forget, the most dangerous moments in the crypto market often occur when 'consensus is strongest.' When everyone is looking forward to the positive impact of the conference driving prices up, perhaps the scythe is already swinging in the shadows.