Bitcoin experienced a slight dip on Thanksgiving Day (November 28th, 2024), likely due to reduced trading activity during the holiday. However, it had seen a strong rebound earlier in the week and remained within striking distance of the $100,000 mark.
Some analysts have drawn parallels to the "Thanksgiving Day Massacre" of 2020, where Bitcoin experienced a significant drop. However, others believe that the current market conditions are different and that a similar event is unlikely.
Overall, while there was a minor correction on Thanksgiving, Bitcoin's long-term trend remains bullish, with many experts predicting further growth in the coming months.
