"Flagship Conference on Bitcoin"
With bitcoin $BTC recovering to around $75000 from February lows, the key question is whether weaker positioning breaks the usual post-conference sell-off pattern.
Traders will be watching for a familiar pattern, a potential “sell-the-news” event that has played out in previous years.
Data from Galaxy Research and Investing.com spanning 2019 to 2025 show the price of bitcoin tends to rise in the run-up to these conferences, delivers a mixed performance during the event and declines substantially afterward.
In the 2022 bear market, often compared to the current 2026 bear market environment, bitcoin fell just 1% during the Miami conference before sliding nearly 30% over several weeks. Similar post-conference weakness was seen in 2019, 2021 and 2023, where any momentum failed to hold.
