Bitcoin just had its best May since 2019 despite ‘predatory’ 3% BTC price dip
BTC price action sees manipulatory moves into the monthly close, with Bitcoin bulls unable to clinch a key resistance flip in time.
Bitcoin (BTC) traded at $67,500 into June 1 as last-minute BTC price volatility cost bulls a final shot at key resistance.
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD flat at the monthly close after recovering from weekly lows.
These had come courtesy of concerns over a cryptocurrency exchange hack in Japan in addition to “predatory” moves by traders as the monthly close approached.
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Author: William Suberg
