The hidden reason bitcoin didn't rally as gold and silver went berserk

Traders are zeroing in on a cluster of bids near $87,500 and repeated sell pressure under $90,000, a setup that looks like a tug of war into month end. What to know : Bitcoin is trading in a tight range below $90,000, with analysts saying order-book dynamics rather than macro forces are driving its stalled price action. Liquidity data suggest a single large player may be using "liquidity herding" to pin the price near recent lows, concentrating bid support between $85,000 and $87,500. Traders are watching whether that support zone holds into the monthly close, as a break and January close below about $87,500 could trigger a sharper downside move into what some call "Bearadise."