Bitcoin's price on Thanksgiving

Happy Thanksgiving to all the bitcoin fans out there So, Bitcoin's price has shot up by 1.91% today, which is a nice surprise for those of us invested. After the recent dip that had everyone feeling down, it’s cool to see Bitcoin bouncing back, hitting over 91K. Maybe this is a sign that it’s on its way up again. Last year on Thanksgiving, Bitcoin was at $95,000. It peaked at $126K in October this year, but now it's sitting at $91K on Thanksgiving 2025. The recession has really shaken things up in the Bitcoin scene, especially after that huge drop from its all-time high. So, is this price bump just a holiday fluke, or are we seeing hints of a bull market coming back?

Do you mean to say that today was a dedicated for Bitcoin Thanksgiving or you just made this up based on today's Bitcoin market reaction that saw a gain of around 1.8% and putting the price at around above 90k+, I have seen alot of comments like this mostly each time the market gains some level or dip more at a sudden time.

Thanksgiving day is a holiday period in America for celebration with family and friends. It wasn't designed by the OP because the price went up to $91K. Today's special day doesn't produce benefits to the market, it is just another normal day for bitcoin, luckily that did market moved up a bit, still there is no connection between thanksgiving day and bitcoin price movement.

Oh that is good to know, honestly speaking this is the first time I am hearing about thanks giving holidays in America have not been to that country before or read about this else where unless on this thread and your comment elaborated more thank you for your reply,, between since the thanksgiving holiday brought us some recovering in the price of Bitcoin, this is a good thanksgiving then, today make a significant positive record after days of blood bath in the market.

Bitcoin's rise from the previous sharp decline to now rising to $91k is a result of holiday sentiment, but this will only last for a while. Large and retail investors are taking advantage of the holiday moment to buy at dip prices while they relax, so some gains occur. Then it becomes a bullish signal that makes more people FOMO and also buy at the current price, which coincides with Thanksgiving. But, we are soon our atal holidays and the new year is also coming, and usually during Christmas and new year the prices will go down and this is called Black Friday, then the increase now is the beginning to Heading to Black Friday and wait until the price comes in the discount again, I am looking forward to that.

This is not a special day for Bitcoin, it's just like any other day, but just yesterday, on Thanksgiving Day in America, the price of Bitcoin fortunately increased by 1.9%. Bitcoin is completely stable today compared to yesterday, i think he price of Bitcoin seems stable as the market is not experiencing high levels of downtrend or uptrend. Find out about this from here; Thanksgiving (United States) - https://en.wikipedia.org/wiki/Thanksgiving_(United_States) Thanksgiving Day | Meaning, History, & Facts; https://www.britannica.com/topic/Thanksgiving-Day

Honestly, it doesn't look like it. A 1-3% move means almost nothing if the daily structure remains higher-low as it is now. As long as Bitcoin remains below the 98k-103k recovery range, it's not a reversal yet. After all, the market has so far reacted more to the policy calendar, not to cultural-social ones.

One thing we have to understand is that the market is always reflective to information and news, to be I am that optimistic that the market is reacting to the thanksgiving day that is why we see it increase gradually. Historically, the month of November has never proven to be bullished rather a poor bearish, but however, month of December and January are always that favorite to the crypto market which it usually increases.

I just remembered American thanksgiving because of this thread and I say congratulations to Americans but it's impact wasn't enough for me to actually research what fundamentals could have prompted the slight increase. If it's actually due to the Thanksgiving I don't think that the impact will last because it is a one day celebration. I am looking forward to a massive news that can kickstart this bull run again and we would be seeing an upward trend in no time, I wouldn't mind to see a couple of new ATH before bear run.

Bitcoin's price rebound may not be solely dependent on Thanksgiving Day because we can still see that there is a slight upward movement in the market, the price of digital gold is currently $92,546, Thanksgiving caused the price of electronic currency to rise above $92K, it seems that trend is still active. At the moment, a stalemate is being observed between both bullish and bearish sentiments. Bitcoin has rallied a bit and we saw it reach the $90K level for the first time in a week, but many are still expressing concerns about liquidity. Overall, market conditions are slowly improving, so many are still hoping that a few new ATH will be seen before a bear run-like stagnation.

Hypothetically even if we have to go with the sentiment that the Thanksgiving Day celebration is what has led to the 1.91 percent pump in bitcoin price it still doesn't make some of us see what much significant change it could bring about the current price trend. With $91k it creates no definite direct for price yet, maybe if the price could rise pass $105k  breaking above the resistance at that range turning resistance to support, then investors could start having a glimpse of hope of a more possible recovery. But considering how December and January are previous being for bitcoin price, we can only continue being optimistic as we anticipation the times ahead.

Apart from being a holiday in a major trading part of the planet, the price shouldn't be swayed by one country and Im not sure its quite as important as the surrounding price history in determining sentiment.    Consensus counts considerably towards confidence and consistency   What Im noticing here not just today is the rally in price is valid but undermined slightly by a lack of volume.  This says to me BTC might go higher but very likely has to reconfirm its price action and build volume.   People see no use to a price pullback but what purpose it normally does serve is building volume at a price to help future gains, we are lacking that & its going to be longer before greater gains is my guess.

Bitcoin price will continue to be through pumping dumping, currently if you calculate the average then the market is slightly upward. Since last week Bitcoin price was in the range of 86k dollars and this week Bitcoin price touched 93k dollars, then we are currently seeing an upward trend. The more Bitcoin price goes up, the more Bitcoin investors will profit, because those who bought the dip are definitely profitable and ready to hold for a long time. However, the Bitcoin market is responding to Thanksgiving due to which we are seeing signs of Bitcoin price going up in the market. However, I think it will touch 100k dollars this new week.

Should treat current price as a good discount for black friday because who knows if price gonna pump so high by the end of the year. The recent dip is a good opportunity instead of wasting money on fake discounts on e-commerce . Regardless, from that data the price goes up and down but eventually grow significantly higher than previous few years of thanksgiving. Imagine same thing happened again within 4 years.