#ThanksgivingBTCMoves
Bitcoin's Thanksgiving market trends:
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**Thanksgiving and Bitcoin: A History of Surprises**
Thanksgiving has always been an interesting time for Bitcoin investors[](https://tribuneonlineng.com/what-to-know-about-bitcoin-price-on-thanksgiving-day-since-2010/ "1"). Historically, the holiday season has brought both dramatic drops and impressive rallies[](https://news.bitcoin.com/bitcoins-thanksgiving-drama-5-years-of-crashes-comebacks-and-chaos/ "2"). In 2020, Bitcoin experienced a significant drop, known as the "Thanksgiving Day Massacre," when it plunged over 17% in a matter of hours[](https://www.fxstreet.com/cryptocurrencies/news/bitcoin-price-forecast-fud-in-the-market-as-thanksgiving-approaches-202411281103 "3"). However, the cryptocurrency quickly rebounded, eventually reaching new highs[](https://news.bitcoin.com/bitcoins-thanksgiving-drama-5-years-of-crashes-comebacks-and-chaos/ "2").
This year, Bitcoin is trading around $95,000, just shy of its all-time high[](https://tribuneonlineng.com/what-to-know-about-bitcoin-price-on-thanksgiving-day-since-2010/ "1"). Analysts are optimistic, with some predicting a potential breakout to $100,000 or even $146,000[](https://finbold.com/will-the-thanksgiving-rally-finally-push-bitcoin-to-100000/ "4"). While there are always risks, the trend suggests that Bitcoin could continue its upward trajectory during the Thanksgiving period[](https://finbold.com/will-the-thanksgiving-rally-finally-push-bitcoin-to-100000/ "4").
As we gather to celebrate, it's worth keeping an eye on Bitcoin's performance. Whether it's a feast or famine, Bitcoin never fails to make headlines during the holiday season.