Last week we discussed how Bitcoin was approaching key levels. It hit the resistance line at $10k and unfortunately didn’t have the momentum to pull through. As a result we did see a substantial fall in price of nearly 18% on some exchanges. The timing of this pullback is interesting as well. The big news in the coming week is the largest crypto conference held in New York. We will explore the history of this conference and it’s impact on price below. Rest assured that the summer season is incoming and price is keeping everyone guessing which way this is going to break out.
Consensys is an annual conference held by popular crypto publication CoinDesk. This is going to be their 4th annual blockchain technology summit, May 14-16, 2018 at the New York Hilton Midtown. Over 4,500 attendees are going to be a part of it including the big companies such as Microsoft, IBM, Procter & Gamble, and Siemens, huge investors like CME Ventures, banks such as AMRO,...
Didn't find what you were looking for? Subscribe to our free weekly newsletter where we send the best stories we read this week, stock tips and even special offers for subscribers. We don't want you to miss out.