Bitcoin Hits Major ‘Wall of Resistance,’ Warns CryptoQuant Research Head

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May 20, 2026 · 2:19 AM

Bitcoin Hits Major ‘Wall of Resistance,’ Warns CryptoQuant Research Head

TL;DR: Traders’ unrealized profit margin reached 17.7% on May 5, 2026. Executed profits in the spot market hit a daily peak of 14.6K BTC on May 4, 2026. Apparent spot demand recorded a contraction of minus 11K BTC according to the latest compiled data. Bitcoin’s latest rally impacted a critical zone on the blockchain directly, ... Read more

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