Bitcoin's Thanksgiving Price Movement

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falcon2017Full Member
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#1Oct 22, 2024, 02:23 AM
Happy Thanksgiving everyone 🦃 Just saw Bitcoin pump up by 1.91 percent today. Feels like a little spark of hope for us investors. After a rough patch recently, it’s nice to see Bitcoin touching above 91K. Maybe this is the start of a comeback!
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max365Newbie
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#2Oct 22, 2024, 04:33 AM
Wait, are you saying today is like a special Bitcoin Thanksgiving or just reacting to the 1.8% gain? I’ve seen this kind of talk before whenever there’s a small market shift. Seems kinda random.
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4pe_tokenMember
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#3Oct 22, 2024, 10:11 AM
Thanksgiving is a family holiday in the US. It’s not like the price spike is because of it. Yeah, Bitcoin went to 91K but today is just another day. The market doesn’t really care about Thanksgiving.
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max365Newbie
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#4Oct 22, 2024, 11:27 AM
Never heard of Thanksgiving before this thread, so thanks for explaining! If Bitcoin's price is recovering today, I guess it’s a good day after all. We’ve had too many bad days lately.
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mike88Senior Member
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#5Oct 22, 2024, 11:55 AM
I think the rise to $91K shows some holiday vibes, but it won’t last long. Investors are jumping in while they can, but soon the holiday season might bring prices down again. It’s a cycle.
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falcon2017Full Member
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#6Oct 22, 2024, 05:49 PM
Honestly, I don’t see this as a significant day for Bitcoin. It's like any other day. The 1.9% rise is nice, but Bitcoin seems pretty stable compared to yesterday.
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LuckyDeg3nFull Member
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#7Oct 22, 2024, 05:56 PM
But is it really nothing? A 1-3% move isn’t much unless we break that 98K-103K range. Right now, it feels like the market is reacting more to policy than any holiday sentiment.
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yield_2021Full Member
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#8Oct 22, 2024, 08:09 PM
The market always reacts to news, right? I think the Thanksgiving vibe is boosting things a bit. November usually isn’t bullish, but December and January often are. Maybe we’re just getting started.
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0xFarmFull Member
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#9Oct 24, 2024, 10:18 PM
I just remembered it was Thanksgiving because of this thread. Congrats, Americans! But I doubt this bump will last. We need some major news to really kick things up.
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serHero Member
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#10Oct 25, 2024, 02:42 AM
Bitcoin's rebound isn't just about Thanksgiving. It's nice to see it above 92K now, but there’s still a battle between bulls and bears. Liquidity is a big concern for many right now.
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fudbusterSenior Member
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#11Oct 25, 2024, 04:45 AM
Even if we say Thanksgiving caused the 1.91% pump, it’s not a big deal. At 91K, it doesn’t really set a new tone. We need a rise past 105K to feel hopeful.
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kevin_atlasFull Member
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#12Oct 26, 2024, 05:57 PM
The price shouldn’t swing just because of one country’s holiday. Sentiment is driven by history and volume matters more. The current rally is real but needs more backing.
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quantumaltHero Member
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#13Oct 26, 2024, 06:43 PM
Bitcoin is always pumping and dumping. It was around 86K last week and now it’s 93K. This trend seems positive, especially for those who bought the dip.
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maxoracleMember
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#14Oct 27, 2024, 12:05 AM
Treat this price as a Black Friday discount! Who knows how high it could go by year-end? Recent dips are opportunities, not losses. Prices might rise even more in the coming years.
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