Those who experienced the "Thanksgiving Massacre" event for the organizers 4 years ago will understand that during Thanksgiving week, the organizers dropped sharply from $19,500 to $16,200 (~17%), and altcoins were drowning in red.
Just 4 days later, Bitcoin recovered, reaching the old peak of 2017 at $20,000. By mid-December, Bitcoin reached a new peak above $24,000. By the end of the year, the price surpassed $30,000 and then reached $65,000 in April 2021.
What do we have for the "Thanksgiving Massacre" version 2024? BTC has dropped at times to near the $90,000 range (~10%), and the rest is just a matter of time 😁😁