Bitcoin hovered above $16,000 on the Nov. 28 Wall Street open as analysts diverged on the next market move. Data from Cointelegraph Markets Pro and TradingView showed BTC/USD maintaining the $16,000 support level at the time of writing amid misgivings over China’s impact on risk assets. After a modestly higher weekly close, the pair still lacked volatility as one commentator warned of a “teleport” toward $12,000 should $16,000 break. “When it breaks below 16k, it teleports to 12k-14k,” Il Capo of Crypto insisted. Popular Twitter account Credible Crypto queried where the volatility had gone, while Crypto Tony likewise ... (full story)