Bitcoin faces its ‘conference curse’ test as prices hover near all-time highs during the Las Vegas event. Historically, major crypto events have preceded sell-offs due to profit-taking after hype cycles. However, institutional buying from ETF issuers and corporate treasuries may provide unprecedented support this year.
The U.S. government’s strategic reserve discussions and Trump’s pro-bitcoin policies add fundamental drivers absent in previous cycles. On-chain metrics show long-term holders resisting distribution, reducing available supply. A sustained breakout above $75k could invalidate the curse narrative, signaling matured market dynamics.
Volatility is expected post-conference as traders react to policy announcements and mining developments. Technical support lies at $67k, while a close above $78k would confirm bullish continuation. The curse’s persistence or invalidation will offer insights into Bitcoin’s evolving market structure.
