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BTC Conference Rally – Caution Advised | Sell-the-News Setup

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Bitcoin is currently trading near ~$110K as the Bitcoin 2025 Conference kicks off today in Las Vegas, featuring major political and institutional figures. Price has been grinding higher into the event — but historically, Bitcoin conferences have marked short-term tops.

🔍 Historical Context:
Bitcoin 2024 (Nashville): BTC dropped ~30% post-conference
Bitcoin 2022: Immediate 10% pullback after day 2
These events often show classic “buy the rumor, sell the news” patterns

📉 Current Risk Setup:
RSI (4H): ~56 – neutral momentum, no breakout confirmation
Volume: Fading on green candles – weak demand on markup attempt

Support Zones:
108K = 55 SMA (first dynamic support)
107K = Lower Bollinger Band
105.8K = Last structural support from reaccumulation

Any close below 108K with rising volume could be the first sign of a shift. Breakdown below 105.8K would confirm a deeper move toward 101K.

🧠 Final Thoughts:
With expectations peaking and historical patterns aligning, caution is warranted. Let the chart confirm — but be aware that emotional euphoria around conferences has often been a liquidity trap.

🎯 Stay patient. Let price and volume lead.

#Bitcoin #BTCUSDT #CryptoWarning #SellTheNews #BTCConference #TechnicalAnalysis

Dagangan aktif
I took some profits here and reduced my exposure.

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