Selling BTCUSD due to lack of momentum after December consolidation

Bitcoin prices have been steady in recent days, hovering near $87,000. The psychologically important resistance level of $90,000 has not yet been breached. Meanwhile, the US stock market keeps gaining momentum. The BTCUSD pair, on the other hand, has lost almost a third of its value since October. The reason is straightforward: many investors are now selling the cryptocurrency to reduce their tax liability. With stocks showing strong returns for the year, losses from Bitcoin may help them minimize levies. This is particularly evident on the Coinbase exchange, where sellers significantly outnumber buyers.

Major players remain extremely cautious. Some, however, continue to buy Bitcoin. But exceptions like Michael Saylor’s company do not change the overall gloomy picture. At the end of 2025, tax payments are hanging over the market, casting a pessimistic shadow, despite increasing BTC supply and waning demand. Institutional investors, also known as “whales”, are likely to maintain their long-term interest in Bitcoin, but their support in the coming days will be limited.

There is hope that some capital from traditional markets, such as gold—which has also slightly declined over time—may flow into cryptocurrency. Bitcoin appears relatively undervalued compared to other assets. However, poor holiday liquidity could slow this process. High uncertainty and low trading volumes are now limiting the crypto’s strong upward momentum.

From a technical perspective, BTCUSD is moving sideways amid moderate volatility and a lack of directional impulse. Narrowing Bollinger Bands indicate that quotes may consolidate in the current range, with fewer price fluctuations. Meanwhile, the Stochastic Oscillator is approaching oversold territory, increasing the chances of a technical rebound.

Consider the trading plan down below:

Sell BTCUSD on a bounce toward the resistance area between $88,500 and $90,000. Place Take profit at $85,375 and Stop loss at $90,750.

This forecast remains relevant from December 30, 2025 till January 6, 2026.