1. The Bitcoin2024 summit in Nashville will invite billionaires, politicians, and cryptocurrency influencers to participate.

2. The main speakers include Donald Trump, Robert Kennedy, Michael Sela, and Cathy Wood.
3. BTC defends the $65,000 threshold, following a bullish market trend.
Bitcoin2024: The Nashville event will invite top cryptocurrency advocates
Donald Trump is one of the keynote speakers scheduled for the BTC 2024 conference, which will take place from July 25th to 27th. Earlier, he announced his support for the American BTC industry in May 2024. His attendance is part of the Republican agenda to promote financial freedom. Independent candidate Robert F. Kennedy Jr. will also be present. BTC and Cryptocurrency typically occupy a central position in American politics, and observers believe this is a political necessity to gain Cryptocurrency votes. This explains the strategy of choosing BTC advocate JD Vance as Trump's running mate. Other prominent figures include MicroStrategy's CEO and BTC giant Michael Saylor. Following an acquisition, his company holds 226,331 BTC, valued at over $14.8 billion at the current Exchange Rate. Ark Invest CEO Cathie Wood is also on the list, along with Russell Brand, Edward Snowden, and Bill Miller IV. With industry executives and American political figures attending the conference, the market is eager to hear their viewpoints. The anticipation for valuable discussions and insights indicates that this conference may have a positive impact on market sentiment.
"These big-name celebrities. There will definitely be big things happening at this meeting," said popular account Coach K Crypto on X.
Part of this fervent interest is attributed to the approval of the SpotBTC ETF in January. This milestone decision by the Securities and Exchange Commission (SEC) in the United States allows institutional investors to access this pioneering Cryptocurrency.
"BTC is rapidly approaching a key threshold, and factors such as ETFs, stablecoins, and support from existing political entities are driving it to be not just an alternative and unstable store of value. The advancement of second-layer protocols, Oracle Machines, and current Runes in BTC technology is transforming it into an economic platform with its own global ecosystem. This ecosystem has the potential to complement global policies, especially during global credit crises, by enhancing Liquidity and expanding credit distribution to stimulate rise and promote fair wealth distribution. This reflects the historical role of gold after the Bretton Woods Conference in 1944, which revitalized the post-war economy by increasing Liquidity and investment," Elastos Global Business Development and ESG Director Jonathan Hargreaves told BeInCrypto
With the entry of institutional investors into the BTC market, the inflow of BTC ETF has soared to the highest level in history, with an average price of $58,700 and a total of 281,000 purchases. In June, the net inflow of the ETF reached over $4 billion, highlighting the increasing confidence of institutional investors in BTC as a valuable asset.
With the recovery of the bullish trend, the expectation of rise for Bitcoin
Meanwhile, as BTC holds the $65,000 threshold, expectations for its price continue to rise. In a report by Fox Business, BTC has been consistently ranked as one of the top-performing assets since 2013. This achievement caught the attention of Michael Saylor, who highlighted the report in a post on X. Glassnode's report also reflects the interest, showing that BTC's daily on-chain volume is currently around $46.4 billion. According to the volume peaks on the daily chart below, long positions (orange nodes) and short positions (gray nodes) are waiting to interact with BTC above the current price level. Therefore, only if the candlestick's closing price exceeds the upper limit of the supply wall at $71,758, can further pump be confirmed. Breaking through this bearish order zone will lay the foundation for setting a new all-time high.
On the contrary, if another correction occurs, only when the Closing Price falls below the support level of 52,809 US dollars will the overall bullish outlook of BTC be invalidated.