Bitcoin’s Vegas Rally Sets Stage for Shockwave Selloff-Will It Crash Again?

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<a href="https://tech-oracle.com/btc-usd/">Bitcoin</a> is rallying as flagship conference approaches, data shows the gains rarely lastMarkets

What to know:

  • Bitcoin tends to underperform in the week and month following conferences, despite mixed price action during the events, historical data from 2019–2025 shows.
  • With BTC recovering to around $75,000 from February lows, the key question is whether weaker positioning breaks the usual post-conference selloff pattern.

As an analyst, I’m keeping a close eye on Bitcoin as we approach next week’s big conference in Las Vegas. Based on past events, I’m anticipating a possible ‘sell-the-news’ scenario – meaning the price might dip after the conference hype, a pattern we’ve seen before.

Bitcoin, the leading cryptocurrency, is currently trading around $75,000. It has bounced back from a low of about $60,000 in early February, after falling more than 50% from its peak last October.

Analysis of bitcoin prices from 2019 to 2025, based on data from Galaxy Research and Investing.com, reveals a pattern: the price generally increases before major conferences, shows inconsistent results during the event itself, and then drops significantly afterward.

Bitcoin’s price often increases leading up to major conferences, like it did before events in Nashville in 2024 (with Donald Trump as a candidate) and San Francisco in 2019 – gaining around 3% and 10% respectively. However, price movement during the conferences themselves tends to be calm, and the biggest drops usually happen in the days and weeks afterward, as initial excitement fades.

Looking back at the 2022 bear market – which shares similarities with the current market conditions – Bitcoin initially dipped slightly during a conference in Miami, but then lost almost 30% of its value over the following weeks. We’ve seen this pattern after similar conferences in 2019, 2021, and 2023, where any initial gains quickly disappeared.

Despite a visit from Trump in 2024 where he discussed making the U.S. a leader in bitcoin, any price increases from that event quickly faded. This peak happened right before a financial strategy called the ‘yen carry-trade unwind’ caused bitcoin’s price to fall to as low as $49,000 in August.

As a researcher, I’ve noticed a pattern around conferences: investor excitement and available funds usually increase leading up to them. This often happens as positive stories about the market gain traction. Interestingly, this creates a situation where investors sometimes take profits or adjust their holdings.

As a crypto investor, I’m keeping a close eye on 2026. After the recent market downturn and slow recovery, I’m wondering if the next Bitcoin halving – what some call ‘Bitcoin Vegas’ – will give us another opportunity for big gains and allow people to finally cash out some profits. It really feels like that event could be a major turning point.

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2026-04-20 13:36