Analysts Flag $79K Resistance After $766M Bitcoin Liquidation Wipes May Gains

Bitcoin fell nearly 10% from its early-May high before reclaiming its monthly open, but Bitfinex analysts say the recovery has so far run out of steam near the weekly open. Long BTC Traders Sit Underwater as Bitfinex Report Points to $79K Breakeven Wall According to Bitfinexs latest report, the May 23 deleveraging event this weekend []