$BTC ✨Thanksgiving.✨ November 27.🎯

The president of BitMine, Tom Lee, suggested that the recent weakness in the cryptocurrency market may be related to one or more market makers facing a "hole" in their balances — a situation that would be attracting sharks in the market, interested in provoking massive liquidations to drive down the price of BTC.

Lee emphasized that this is a short-term pain, which does not change the long-term trajectory of Wall Street towards the ETH supercycle.

He also issued a warning:

avoid leverage in the current environment is essential, given the high level of volatility.

Finally, Lee estimated that the market could start to recover within 6 to 8 weeks, after the ✨Thanksgiving.✨

This year, in 2025, the date is November 27.🎯

BTC

86,835.94

+2.47%