El Salvador to hold the inaugural government-sponsored Bitcoin conference globally.
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Sep 02 2025
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El Salvador's Bitcoin Conference Announcement
- Event Details: El Salvador will host the world's first state-sponsored Bitcoin conference, Bitcoin Histórico, on November 12-13, 2025, in San Salvador. This event is organized by the National Bitcoin Office and aims to highlight the significance of Bitcoin in financial freedom and cultural resurgence.
- Significance: The conference reinforces El Salvador's pioneering role in cryptocurrency, following its 2021 decision to adopt Bitcoin as legal tender. It aims to showcase Bitcoin's potential for monetary independence and economic development.
Conference Features
- Activities and Speakers: The two-day event will feature discussions, workshops, and cultural exchanges, with keynote addresses from notable figures such as billionaire Ricardo Salinas and Bitcoin advocates like Max Keiser and Jack Mallers. The main stage will be at the National Palace, with sessions also held at the National Library and National Theater.
- Ticket Pricing: General admission tickets are priced at $350, while VIP Genesis Crown Pass tickets, which include exclusive networking opportunities, are available for $2,100.
Political Context and Bitcoin Holdings
- Political Changes: The conference occurs amid significant political changes in El Salvador, including a constitutional amendment that allows for extended presidential terms and re-elections, potentially benefiting President Nayib Bukele, a strong Bitcoin supporter.
- Bitcoin Reserves: The government reportedly holds 6,220 BTC, emphasizing its commitment to cryptocurrency as a tool for economic growth.
Market Trends and Bitcoin Recovery
- Current Market Status: As the conference news breaks, Bitcoin is trading above $109,175, recovering from a nearly 6% decline the previous week. Institutional demand is helping stabilize the market.
- Institutional Investments: Metaplanet, a Japanese Bitcoin company, recently acquired 1,009 BTC, raising its total holdings to 20,000 BTC, with plans to reach 100,000 BTC by the end of 2026.
- ETF Inflows: US spot ETFs have seen $440 million in weekly inflows, indicating strong investor interest despite market caution. Expectations for a Federal Reserve interest rate cut are also influencing market sentiment, potentially benefiting Bitcoin.
Economic Implications
- Price Volatility: Bitcoin has seen a nearly 14% drop from its all-time high of $124,474 in August, attributed to economic data affecting market confidence. However, traders are optimistic about a potential rate cut, which could enhance risk appetite for assets like Bitcoin.
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Technical Analysis for BTC
Technical Sentiment Analysis for Bitcoin (BTC) As of , Bitcoin (BTC) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 0 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for BTC stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, BTC is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Bitcoin (BTC) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 36049.129 | 48024.564 | 60319.149 | 72294.584 | 84589.169 | 96564.604 | 108859.189 |
| Fibonacci | 48024.564 | 57295.712 | 63023.437 | 72294.584 | 81565.732 | 87293.457 | 96564.604 |
About BTC
Bitcoin is a decentralized cryptocurrency originally described in a 2008 whitepaper by a person, or group of people, using the alias Satoshi Nakamoto. It was launched soon after, in January 2009.Bitcoin is a peer-to-peer online currency, meaning that all transactions happen directly between equal, independent network participants, without the need for any intermediary to permit or facilitate them. Bitcoin was created, according to Nakamoto’s own words, to allow “online payments to be sent directly from one party to another without going through a financial institution.”Some concepts for a similar type of a decentralized electronic currency precede BTC, but Bitcoin holds the distinction of being the first-ever cryptocurrency to come into actual use.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
