Veteran crypto analyst Miles Deutscher has drawn attention to a striking trend: Bitcoin’s price consistently dips immediately after each Bitcoin conference.
His observation comes just as the Bitcoin 2025 Conference concluded in Las Vegas on May 29, an event that featured heavyweights like Michael Saylor and U.S. Vice President JD Vance.
Bitcoin Price Always Drops After the Conference
Deutscher’s analysis focuses on conferences from 2021 onward, excluding 2020 (canceled due to the pandemic) and 2019 (minimal impact). His chart reveals that Bitcoin has dropped sharply after every major Bitcoin conference since 2021:
- 2021: BTC dropped 17%, falling from $35K to $29K after the June 4–5 conference.
- 2022: Following the April 6–9 conference, BTC plunged 60% from $44K to $17,593.
- 2023: Post-conference (May 18–20), BTC fell 8.3% from $27K to $24,757.
- 2024: After the July 25–27 event, BTC slid 25% from $67K to $49,577.
2025 Playing Out the Same Pattern
Bitcoin opened at $109,474 on May 27, 2025, the first day of this year’s conference. As of now, BTC has dropped 3.5%, trading at $105,543, echoing the historical post-conference dip.
If the average 27% post-conference decline continues, BTC could fall below $100K, potentially reaching $80K in the near term.
But the Recovery is Just as Predictable
Interestingly, Deutscher points out that Bitcoin always rebounds significantly after the post-conference crash, with an average recovery of 120% from the local bottom. If BTC hits $80K and rebounds at this historical rate, it could surge to around $224,000—a potential new all-time high.
This aligns with long-term bullish predictions from industry figures such as Arthur Hayes (BitMEX) and Charles Hoskinson (Cardano), both forecasting BTC to hit $250,000.
