Another way to see this is, that Consensus has no effect at all, and the upward trend in the past years is just coincidence. 😀
I mean, why should a few hundred people visiting a conference have any effect on a billion $ market? Also there were no big news coming from the conference itself.
Even I - as someone interested in crypto - have heard nothing of any substance the past week. All I read was people saying that it sucked and they were disappointed by the event.
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Yes there is that possibility as well. Though a slight correction, the conference had close to 9k people as opposed to a couple hundred. Many of which are involved in the finance industry. Though, I get your point. :)