Bitfinex Analysts Warn $85,900 BTC Resistance Could Cap Any Recovery Rally
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
News Analysis
This analysis is for informational purposes only and does not constitute investment advice
Bitfinex analysts warn that the $85,900 BTC resistance level could cap any recovery rally as geopolitical pressure and rising Treasury yields have led the price toward a key onchain support level.
