Bitfinex Analysts Warn $85,900 BTC Resistance Could Cap Any Recovery Rally
Key Takeaways Bitcoin long traders lost $584 million in a single Monday session, the largest long wipe-out since early February. Bitfinex analysts place BTC’s critical support at the May Monthly Open of $76,318, aligning with the 30-day accumulator cohort cost basis near $76,500. Stablecoin market cap reached $322 billion, adding $2 billion in a week,…
