Crypto Daily – The 2024 conference in Nashville opens on Thursday. Speakers such as Donald Trump will speak at the event. The $BTC price is still pulling back after reaching $68,500 on Monday.
Mt. Gox selling vs major tailwinds
Other than the potential selling from the recent Mt. Gox distributions, Bitcoin is generally looking at more tailwinds than headwinds. The Spot Bitcoin ETFs are continuing to see net inflows, and technical price indicators are favouring a continuation of the upward trend; perhaps in the next few days.
The Bitcoin 2024 conference opens later today, and a list of stellar speakers are likely to have Bitcoin bulls salivating in anticipation. Headline speaker Donald Trump is not up until Saturday, the final day of the conference. Other speakers include Senator Cynthia Lummis, who is expected to outline how she is preparing a bill, which will require the Federal Reserve to hold Bitcoin as part of the US strategic reserve.
Perhaps with this…
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