Will Bitcoin Face Another Thanksgiving Day Plunge? Experts Analyze Historical Trends
The cryptocurrency community is rife with speculation as Thanksgiving approaches, recalling the infamous Thanksgiving Day Massacre from nearly four years ago when Bitcoin plummeted by 17%. This dramatic drop from $19,500 to $16,200 continues to linger in traders’ minds. Experts are now asking whether a similar event might repeat this year. Market sentiment plays a crucial role in shaping price action. As participants remain vigilant, close attention must be paid to market indicators and trading volumes. For those examining historical patterns, the upcoming days will be pivotal in determining Bitcoin’s trajectory during this holiday season.
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