Bitcoin price returns to $16K amid warning over BTC whale selling

Bitcoin price returns to $16K amid warning over BTC whale selling

Bitcoin (BTC) headed higher into the Nov. 22 Wall Street open after setting another two-year low.

BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView

Thanksgiving buywall appears at $12,000

Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it recrossed the $16,000 mark, having set lows of $15,480 on Bitstamp.

Momentum took the pair to $16,189 before consolidating, marking gains of 3.7% versus the day’s lows.

Talk among analysts remained tied to the Digital Currency…


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