Why Bitcoin Price Is Down Today?
Bitcoin price fails to recover after Mt Gox denied reports of selling BTC amid massive BTC move by trustee. Traders awaits US PCE inflation and Bitcoin options expiry.
HIGHLIGHTS
Bitcoin price failed to recovered from a pullback after reports of Mt. Gox's massive $BTC move.
Whales sold BTC and didn't purchased considering US PCE inflation data and crypto market expiry due May 31.
$BTC recorded $25 million in long positions liquidation.
$BTC price currently trades at $68,381.
