Bitcoin 2024 conference sparked 30% price crash -- Can bulls escape this year?

Key points: Bitcoin rebounds from another support retest, but fears over a Nashville conference-induced comedown are growing. The biggest Bitcoin gathering tends to accompany BTC price weakness. BTC price action can and will continue to experience drawdowns of 10-20%, analysis stresses. Bitcoin (BTC) circled $110,000 at the May 27 Wall Street open amid concerns over a 30% BTC price crash. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView Bitcoin “market memory” may recall 2024 crash Da...