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Bitcoin Rises Over 13% Ahead of Thanksgiving, Breaking Bearish Streak

The cryptocurrency’s sharp rebound has increased optimism among traders, as past Thanksgiving periods have often seen price declines.

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Summary

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Terms & Concepts
  • Bearish pattern: A market trend characterized by falling prices, often indicating negative sentiment among investors.
  • Rebound: A recovery in market price after a period of decline.
  • Cryptocurrency: A digital currency secured by cryptography, operating on decentralized blockchain technology.