Bitcoin kicked off the month of June trading at $67,500, following a tumultuous end to May that saw last-minute price fluctuations thwarting bulls' attempts to secure a key resistance level. Despite the volatility, Bitcoin managed to retain an impressive 11% monthly gain, showcasing its resilience in the face of market challenges.

The flatness at the close of May can be attributed to a combination of factors, including a price recovery from weekly lows spurred by concerns over a cryptocurrency exchange hack in Japan and trader-led 'predatory' moves. US macroeconomic data, such as the Personal Consumption Expenditures (PCE) index, which indicated slowing inflation, failed to significantly lift spirits, despite slightly surpassing expectations.

Trading resource Material Indicators pinned the volatility on large-volume traders or Bitcoin whales who toyed with liquidity into the close of the month, producing a failed attempt to flip $69,000 to support. These 'killer whale games in action' have left traders not only enduring the volatility but also navigating what has been dubbed 'the great shakeout.'

Despite the challenges, Bitcoin's 11% monthly gain in May is a testament to its resilience and the continued interest in the cryptocurrency market. As predictions for future moves remain cautious, traders will need to stay vigilant and adapt to the ever-changing market conditions to capitalize on potential opportunities.

In conclusion, Bitcoin's performance in May, despite the last-minute volatility and whale games, demonstrates its ability to weather market storms and maintain its position as a leading cryptocurrency. As the market continues to evolve, it will be crucial for traders and investors to stay informed, exercise caution, and make well-informed decisions to navigate the complexities of the cryptocurrency landscape.