For better or worse, the month of November has always been one to remember in the world of Bitcoin. Whatever the cause, Bitcoin tends to go berserk in November. November has also been substantially more volatile for Bitcoin compared with other months, according to Bespoke Investment Group. Through Thanksgiving day that year, Bitcoin had already posted a monstrous 760% gain for the year. The day before Thanksgiving, Bitcoin was trading around $4,400, having dropped about 69% for the year.
Source: Los Angeles Times November 27, 2019 20:26 UTC