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American Thanksgiving is tomorrow and it has a ton of crypto lore and memes around it.
None more prevalent than the 2021 Thanksgiving where many folks in CT convinced their families to buy ETH at $4800, then had to face them a year later with ETH at $1200.
But this Thanksgiving is different. Technically the 4-year cycle is over, but many argue that it's not due to an elongated business cycle, QE soon, stimulus checks for US citizens, and so on.
I'm thinking this weekend might not have quite the bullish narrative at the dinner table as 2021, but not as bad as 2022. I think the majority of people feel defeated these days, exhausted from the market over the past 2 months.
But there's no better time to take a couple of days to rest than during Thanksgiving, no matter where you are in the world. I expect it to be a bit quieter around here, and the market to chop until Monday.
Happy Thanksgiving everyone, let's pick it back up after the holidays.
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