Why does Bitcoin always go crazy in November?

For better or worse, the month of November has always been one to remember in the world of Bitcoin.

Take this month, when the world’s largest cryptocurrency fell for 10 consecutive days through Tuesday of this week, notching its longest streak of down days on record. Even with Wednesday’s 6% rebound, the retreat pushed its price down about 17% and put it on pace for its worst month since November of last year.

For years now, Bitcoin’s explosive November moves have made it a hot topic at Thanksgiving dinners around the country. This time in 2017, for instance, Bitcoin evangelists had a lot to be thankful for, with investors and speculators alike hopping on the crypto gravy train while it soared at an unprecedented rate. Through Thanksgiving day that year, Bitcoin had already posted a monstrous 760% gain for the year.and those even remotely tied to the industry had a lot more explaining to do.

Source: Digital Coin News (digitalcoinnews.net)

Because bitcoin need to find good time to offer expiry one will have more craziness nd loss and last step double compensation everything or els bye bye is good thing .

people start to realize they need to buy presents for xmas. bet all ponzi schemes have similar holiday issues. people trying to take out & less people buying in.

Illegal drug consumption increases in new year celebrations

Feel like you could cut out 'in November' from this tweet

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