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André Dragosch’s BTC Prague Keynote: 10 Reasons Bitcoin Remains

André Dragosch, BTC Prague, Bitcoin, Cryptocurrency traders, and enthusiasts are buzzing about André Dragosch, PhD’s keynote lecture at BTC Prague on June 19, 2025. On April 30, 2025, at 10:15 AM UTC, Dragosch will present ten evidence-based reasons why Bitcoin remains the top cryptocurrency. This information will be shared on Twitter. As of April 30, 2025, at 11:00 AM UTC, Bitcoin’s price was $58,320. This event is already making waves in the market. It’s all leading up to its scheduled event at the Prague Congress Centre.

Bitcoin’s Recent Market Momentum and Upcoming Catalyst

In the 24 hours preceding the announcement, the price of Bitcoin surged 2.3%. The value of Bitcoin increased from $56,990 on April 29, 2025, at 11:00 AM UTC, to its current figure of $58,320 by April 30, 2025. Trading volume for Bitcoin increased by 18%, reaching $32.5 billion. The major exchanges, such as Binance and Coinbase, experienced a price increase at the same time.

These shifts indicate that traders are paying closer attention, which may be prompted by upcoming events such as BTC Prague. Additionally, as of April 30, 2025, at 9:00 AM UTC, on-chain data indicate a 1.5% increase in Bitcoin wallet addresses holding more than 1 BTC, reaching 980,000 addresses.

An increase in accumulation among large holders is a reliable indicator of long-term price stability. The 54.7% market share that Bitcoin currently holds solidifies its place as the top cryptocurrency. Given these circumstances, it’s reasonable to assume that the BTC Prague keynote. They will play a significant role in attracting institutional and individual investors to the cryptocurrency market.

Dragosch’s Speech and Bitcoin’s Market Impact

Dragosch’s speech announcement affects cryptocurrency traders anticipating Bitcoin’s price or other market movements. BTC/USDT trading volume on Binance surged 12% to $8.7 billion by 12:15 PM UTC, two hours after the announcement. Major crypto events, such as BTC Prague, may cause short-term volatility, which benefits day and swing traders. At the same time, Ethereum was trading at $2,450 on April 30, 2025, at noon UTC, while Bitcoin gained 1.8% against it. In line with Dragosch’s upcoming lecture on Bitcoin’s supremacy, this relative strength highlights Bitcoin’s superiority among significant digital assets.

Dragosch's Speech and Bitcoin's Market Impact

As of April 30, 2025, at 10:00 AM UTC, Bitcoin’s on-chain transaction volume increased by 9% to 450,000 transactions per day. Traders should monitor this parameter. Investor trust and network adoption, as reflected in transaction volume, are key to driving price growth. Similar to social mood statistics, positive Bitcoin mentions increased by 15% from 10:15 AM to 1:00 PM UTC, indicating optimism.

Bitcoin Price Analysis After Announcement

The technical analysis of Bitcoin’s price movement following the announcement sheds light on several key issues. The daily chart for Bitcoin showed a Relative Strength Index (RSI) of 62 as of 1:30 PM UTC on April 30, 2025. This indicates a somewhat overbought situation, but it remains below the crucial 70 level, suggesting potential for further growth.

Bitcoin’s price has been trading above the 50-day Moving Average (MA) around $55,800 since April 25, 2025. This signals a positive trend. Furthermore, Bitcoin is approaching the upper Bollinger Band at $59,100, which could serve as a level of resistance, according to the Bollinger Bands.

Volume analysis reinforces this bullish forecast. The BTC/USDT spot trading volume on Binance hit $9.2 billion in 24 hours as of 2:30 PM UTC on April 30, 2025. However, Bitcoin futures open interest rose 7% to $18.3 billion on CME and Deribit. These technical signals indicate that traders will continue to be interested in Bitcoin due to its positive outlook and the BTC Prague news.

In Conclusion

A significant event in the Bitcoin scene is André Dragosch’s forthcoming keynote at BTC Prague on June 19, 2025. The current price behaviour of Bitcoin, along with its increasing market dominance and positive technical indicators, suggests a potential catalyst for both short-term and long-term trading opportunities.

Understanding market dynamics and key indicators, such as RSI, Moving Averages, and trading volume, helps traders make informed decisions. AI has no direct impact on this event, but crypto traders may benefit from June’s market volatility as AI becomes more prevalent.

Ali Raza

Ali Raza is a contributing crypto writer for Btccoinzone. He is a crypto and finance journalist with over Three years of experience. Ali Raza decided to pursue a career in the FinTech space. He started as a freelance technology writer but turned to crypto after getting acquainted with the industry in 2019. Ali Raza has been featured in several high-profile crypto and finance outlets, including Latestcoinsnews.com, astercrypto.com, and more. He has also worked with some major crypto and DeFi Projects.

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