Bitcoin ($BTC) continued to circle $86,000 on Tuesday as US stock markets hit fresh all-time highs.
Key points:
- Bitcoin attempted to move toward $87,000 but faces ongoing friction from ask liquidity clustered around this key level.
- US stock markets returned to all-time highs, with the S&P 500 Index adding 0.8% to reach 7,835 points.
- $BTC price analysis saw the 21-day simple moving average (SMA) at $83,500 as nearby key support.
