BITCOIN Happy Thanksgiving with history on Bulls' side!!

٢٨ نوفمبر

Happy Thanksgiving to everyone! As every year, we pay our tribute on this day with a historic run of Bitcoin (BTCUSD) on Thanksgiving days! Last year (see chart below) we made a $80000 call for today and we couldn't be happier that the market surpassed that:

This year we bring you a (much) simpler fact and that's the number of bearish signals on that day. Bitcoin has lived through 14 Thanksgiving days (excluding of course today) and only 3 have resulted in immediate bearish activity (2021, 2014 and 2013). Even the November 23 2017 Thanksgiving that was near the Cycle top, gave another 3 years of +150% gains before peaking.

You can see the previous Thanksgivings by scrolling left through the chart but it is obvious that due to BTC's cyclical behavior, the vast majority of Thanksgiving is an excellent time to invest. And today is no different as we still have almost another full year of Bull Cycle ahead of us (even more so its most aggressive part!).

Whatever trading actions you decide to make today, we wish you a blessed Thanksgiving!

So do you think this is a buy opportunity as history suggests? Feel free to let us know in the comments section below!

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