$BTC Today is Thanksgiving, the 'Thanksgiving Market' in Bitcoin history

If we pull the timeline back ten years, Bitcoin has also shown a significant appreciation trend after Thanksgiving during bull markets. In the past decade, Bitcoin has only experienced three pullbacks after the 'Thanksgiving Market'.

Even four years ago in 2020, Bitcoin experienced a 'Thanksgiving massacre' on Thanksgiving Day, dropping below $16,000 with a decline of 17%. However, after the holiday, Bitcoin achieved its most remarkable increase of 400%, breaking through the $60,000 mark.

Historically, there is always an adjustment that occurs the week of Thanksgiving before a significant rise in Bitcoin, so I am optimistic about BTC's performance during the holiday.