Bitcoin (BTC) has been rising over the past few weeks, for no apparent reason. Now, this may change because the Bitcoin 2026 conference is about to take place. Some big names are expected to speak here, such as Securities and Exchange Commission Chairman Paul Atkins and Senator Cynthia Lummis. Having such an event on the horizon is extremely bullish, which begs the question of how Bitcoin’s price will move.
Bitcoin 2026 conference is approaching
For the past seven years, Bitcoin believers have been meeting once a year at… Bitcoin conference. This conference has grown so large that President Donald Trump was among the attendees at one point.
For 2026, Bitcoin believers will gather in Las Vegas from April 27-29. They will hear speeches from people like Atkins, Loomis, Michael Saylor, Arthur Hayes, Eric Trump, Jack Dorsey and others.
During this conference, speakers are often positive, and what happened in recent years proves this. For example, Senator Lummis is likely to address… Clarity bill. Atkins will likely touch on regulations, while others will talk about where Bitcoin will go next.
For this reason, the price of Bitcoin will experience some fluctuations. At press time, it was trading at $77,565, and more recently Bitcoin price analysis CoinGape identified that it was facing a lot of resistance on its journey to the upside. This conference therefore constitutes a much-needed incentive.
How high are BTC prices?
The answer to how much the price of BTC will rise during and after this conference lies in the one-day chart. This chart shows that there is a significant barrier at around $79,000. When the price of Bitcoin tries to move higher than this, some sellers slowly creep into the market, preventing this from happening.
If one of the keynote speakers at this conference delivers a bullish speech that convinces to buy, it may be possible that Bitcoin will not only move above $79,000, but also reach $80,000.
When the $79,000 level is broken, the next point to watch is the 200-day simple moving average which is located at $82,000. If the conference is bullish and BTC reaches the SMA, it could cause some noise. This is because the 200-day simple moving average means that Bitcoin price forecast long term It became bullish.
When one monitors the RSI, it is clear that some buying has occurred. This is because the Relative Strength Index has made one higher level after another. It is now at a point that confirms that the momentum is bullish.
However, some buyers do not sit idly by waiting for the exact day of the event to purchase. Some may have been quietly buying, causing the RSI to rise. If most of them rush to arrive early, Las Vegas could be a news-selling event.
