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Bitcoin Aims to Shatter the ’Conference Curse’ at Vegas Showdown

Bitcoin Aims to Shatter the ’Conference Curse’ at Vegas Showdown

Coindesk
Author:
Coindesk
Release Time:
2025-05-27 15:08:50
0

Las Vegas becomes crypto’s high-stakes proving ground this week as Bitcoin faces its notorious event jinx—will history repeat or get bulldozed by bullish momentum?

The pattern’s real: Major crypto gatherings often trigger sell-offs. Traders joke about ’buy the rumor, sell the conference’ while hedge funds quietly short the hype.

This time feels different. Institutional money’s circling like a blackjack card counter, and the Fed’s rate-cut whispers give risk assets an adrenaline shot. Even the crypto bros—usually busy shilling memecoins—are oddly focused on macro charts.

Watch the $67k level like a roulette wheel. Break through? Bulls charge. Rejection? Cue the ’told-you-so’ tweets from banking dinosaurs who still think blockchain is a yoga term.

Either way, Vegas wins. The house always does—especially when Wall Street and crypto degens both think they’ve cracked the system.

BTCUSD Price Performance During and After BTC Conferences (Galaxy Research)

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