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Technical Analysis – BTCUSD loses steam below pivot point
Bitcoin (BTCUSD) is trading near 87,500 on Tuesday, extending its consolidation below the 20-day simple moving average (SMA) for the eleventh consecutive session and hovering around the midline of the broader 84,200-93,600 range that has held for just over a month. The largest cryptoasset is now heading for its worst quarter since April 2022, down more than 23%, and is set to close its third consecutive month in the red. For context, Bitcoin ended six out of the twelve months in the red in 2025, leaving the year down over 6%. This weakness comes as gold surges to new records and US equities gear up for the ... (full story)
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