K33: Bitcoin's massive underperformance to stocks in Q4 bodes well for January, says K33's Lunde

After an active morning Tuesday, bitcoin flattened out in afternoon trading around the $87,500 area, up 2% over the past 24 hours. What to know : Bitcoin held in the $87,500 in U.S. afternoon action on Tuesday, up 2% over the past 24 hours. K33 analyst Vetle Lunde suggested BTC's relative weakness to stocks this quarter could mean rebalancing-led buying once January rolls around.