Recent Bitcoin price dips following support retests have sparked concerns about a potential 30% crash, reminiscent of last year’s event in Nashville. While the cryptocurrency rebounded after the latest sell-off, experts warn that continued market volatility is likely to occur as traders prepare for the upcoming Bitcoin Conference in Las Vegas. The conference, scheduled for May 27-29, has already been generating buzz due to its high-profile speaker lineup, including JD Vance, Michael Saylor, Donald Trump Jr., and Eric Trump, raising questions about market sentiment and potential risk factors. The event echoes a similar pattern observed in July 2024 when the Bitcoin 2024 Conference coincided with a sharp decline, leading to a price drop of 30% from $70,000 to $49,000 within just two days. As traders anticipate this year’s event, experts are cautioning against the possibility of a repeat scenario. Despite recent price action, crypto entrepreneur Michaël van de Poppe predicts further corrections, but he remains confident that the current market decline is expected and necessary for a lasting bull run. He believes short-term price fluctuations should be viewed as normal in the volatile cryptocurrency landscape. Crypto analyst Daan Crypto Trades also observed significant liquidity clusters at $106,000 and above, highlighting the possibility of further volatility and potential opportunities for traders. Bitcoin price action remains uncertain despite recent attempts to stabilize, with analysts predicting further drawdowns of 10-20%. The future trajectory of Bitcoin prices is unclear. The crypto market’s long-term outlook depends on factors such as regulatory changes, adoption rates by institutions, and investor confidence. Every investment and trading move involves risk, and readers should conduct their own research before making any decisions.