Bitfinex Analysts Warn $85,900 BTC Resistance Could Cap Any Recovery Rally

BTC chart on Wednesday May 20.Bitcoin traders absorbed $584 million in long liquidations on Monday as geopolitical pressure and rising Treasury yields dragged the price toward a key onchain support level, according to Bitfinex analysts. BTC Longs Drop $584M in One Session as Bitcoin Tests May Monthly Open Support The sell-off came as Donald Trump posted on social media about […]
by Jamie Redman via Bitcoin News

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