Recalling crypto history, Thanksgiving became a landmark date for the Bitcoin market. In 2020, BTC plunged 17% in 24 hours, causing panic among many investors. Four years later, the story seems to repeat, although this time the numbers are significantly larger. Let's figure out what's happening and how to benefit from the current situation. 🚀


Four years ago, the autumn Bitcoin market was a real rollercoaster. Starting 2020 at $7,000 and experiencing a drop below $4,000 in March due to COVID, BTC approached the psychological threshold of $20,000 by November. However, a sharp decline of 17% spoiled the celebration for many investors.

In 2024, the numbers are different, but the essence is the same. Bitcoin, just having approached the coveted mark of $100,000, fell to $91,500. In percentage terms, this is a smaller decline (around 8%), but market sentiment again resembles the 'slaughter' of 2020.

What happened after the crash in 2020?


For those who didn't panic, the market turned out to be generous:

• In 4 days, BTC returned to $20,000.

• By mid-December 2020, it reached a new record — $24,000.

• By the end of the year, Bitcoin had already broken the $30,000 mark and continued to rise to a peak of $65,000 in April 2021.


History teaches us that such drops are often just a short-term correction before a new surge.


Recommendations for investors: How to act now?

Don't panic. 🛑 History shows that sudden drops in Bitcoin are part of its volatile nature. If you are investing for the long term, current events are just temporary fluctuations.


Use the DCA (Dollar Cost Averaging) strategy. 🪙 Instead of trying to guess the perfect entry point, invest equal amounts on a regular basis. This helps minimize risks in volatile conditions.


Watch the market. 📈 A drop to $91,500 could be a great entry point, especially if you believe in the potential of a new bull cycle. The story of $20,000 in 2020 shows that recovery can be swift.


portfolio. 📊 Cryptocurrencies like Ethereum, Solana, or Avalanche often replicate Bitcoin's trends. This is a good time to assess their potential.

Stay updated on the news. 📰 Pay attention to macroeconomic factors such as the Fed's monetary policy and institutional investments.

What to expect in the coming weeks?


Surge in activity: Seasonal trends show that the end of the year often comes with a rise in cryptocurrencies.


Potential test of the $100,000 level: If Bitcoin regains its footing, a renewed attempt to breach the psychological barrier may be inevitable.


Interest from institutions: At current prices, big players may start actively buying, pushing the price up.

Conclusion: Thanksgiving is a time of opportunities!

The drop of Bitcoin to $91,500 is not the end of the story, but another chapter that could lead to new records. The story of 2020 reminds us that the ability to remain calm in difficult times is key to success in the market.


So while the market is experiencing a correction, prepare for potential growth. And remember: the biggest victories come to those who see opportunities where others see fear. 💪 Keep an eye on Bitcoin, analyze, and stay one step ahead! 🚀$BTC