Bitcoin has experienced a sharp decline reminiscent of the Thanksgiving 'Massacre' in 2020, dropping approximately 8% to $91,500 after failing to breach the $100,000 mark. This decline echoes the events of four years prior when Bitcoin plummeted about 17% from $19,500 to $16,200 as families gathered for Thanksgiving, after an impressive bull market that saw it rise from roughly $7,000 to nearly $20,000 earlier that year. Despite the challenges of 2020, those who invested during that dip were rewarded shortly after, as Bitcoin quickly rebounded below $20,000 and continued to soar, ultimately reaching $65,000 by April 2021. While the current drop is less severe, it captures the sentiment of volatility typical in the cryptocurrency market around significant events.

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