Bitcoin Struggles Below $90K as Traders Eye Dips

[mendez]

Bitcoin (BTC) stayed under pressure Tuesday, trading around $87,443 as Wall Street opened. The $90,000 mark remains strong resistance, with BTC repeatedly rejected at the 200-period moving averages on the four-hour chart.

Traders like Crypto Tony are waiting for dips near $86,800 to open long positions, while short positions continue to pile in, signaling that some market participants are betting on further downside. Meanwhile, gold and silver are hitting record highs, showing BTC moving separately from traditional safe-haven assets.

The coming days will test whether Bitcoin can reclaim $90K before year-end or continue range-bound ahead of the holidays.