Bitcoin (BTC) price remains lower heading into Wall Street open, with traders anticipating further downside. Bitcoin shorts increase as precious metals surge. Moving averages act as resistance, $90,000 level remains unbroken. Bullish divergences against USD and gold seen. Price down 1% on the day, rejection at $90,000. Traders await breakout above 4H 200MA/EMA trend.

BTC struggles to break $90,000 level, facing selling pressure. Whale opens $250 million short position on BTC, ETH, and SOL. Market sentiment divided, some see bullish divergence on three-day chart. Previous divergences led to price bottom. Gold hits all-time high, BTC range-bound. Thin liquidity ahead of holidays, caution advised.

Market analysts predict Bitcoin will push back to six-figure territory soon. Gold price surge contrasts with BTC’s range-bound movement. Bullish divergence forming on BTC/XAU chart at key support. Traders close out positions ahead of holidays due to thin liquidity. No investment advice given, readers urged to conduct research before making decisions.

Read more at Cointelegraph: Bitcoin Plots Comeback Against Gold Below $90,000