Bitcoin Price Prediction: Corporate BTC Buying, Dollar Dip, MetaMask Move Clash at $86K
Bitcoin trades near $86,600 as markets balance strong corporate accumulation, a weaker US dollar, and growing retail access against...
Quick overview
- Bitcoin is currently trading near $86,600, influenced by strong corporate accumulation and a weaker US dollar.
- American Bitcoin has entered the top 20 BTC holders with approximately 5,098 BTC, despite a recent drop in its stock value.
- MetaMask has added direct Bitcoin support to its wallet, potentially increasing trading activity and adoption.
- Technical analysis indicates Bitcoin is consolidating within a symmetrical triangle, with key support at $85,200 and resistance at $88,000.
Bitcoin trades near $86,600 as markets balance strong corporate accumulation, a weaker US dollar, and growing retail access against short-term technical pressure. American Bitcoin’s rapid rise into the top 20 BTC holders, MetaMask’s direct Bitcoin integration, and shifting Fed rate expectations are strengthening long-term demand, even as price consolidates inside a tight range. A decisive breakout now looks increasingly close.
American Bitcoin Enters Top 20 Bitcoin Holders Despite Stock Drop
American Bitcoin (ABTC) increased its reserves to roughly 5,098 BTC as of December 14 making it one of the top 20 publicly traded corporations holding Bitcoin. The corporation purchased Bitcoin from the market and conducted its own mining activities to build this holding. Additionally some Bitcoin will serve as security for transactions involving mining equipment with Bitmain.
Three months after going public on the Nasdaq American Bitcoin has experienced rapid growth. Additionally it revealed an increase in its Satoshis Per Share (SPS) measure which shows the amount of Bitcoin that supports each share. SPS increased by more than 17% in just one month showing increased shareholder exposure to Bitcoin. In order to better inform investors about its Bitcoin-focused approach the company intends to employ new indicators.
However amid a broader sell-off in the cryptocurrency industry ABTC shares recently plummeted, falling more than 50% in early December. Even when Bitcoin rises beyond $87,000, shares are currently trading close to $1.61.
JUST IN: 🇺🇸 Trump family backed American #Bitcoin increases its BTC holdings to 5,098 BTC.
Nothing stops this train 🚀 pic.twitter.com/I9ub8DuWBP
— Bitcoin Magazine (@BitcoinMagazine) December 16, 2025
Long-term Bitcoin demand is supported by the ongoing growth of Bitcoin in the United States. Even while there is still short-term market volatility consistent purchases by publicly traded firms raise Bitcoin values over time and solidify its position as a treasury asset.
Dollar Weakens After US Jobs Data, Bitcoin Rises
After delayed economic data showed higher-than-expected job growth in November the US dollar dropped against key currencies. The US economy exceeded market expectations by adding 64,000 jobs. The unemployment rate however increased from 4.4% to 4.6% prompting worries about a faltering economy.
The lengthy US government shutdown caused a delay in the statistics. Investors became more wary of potential interest rate reductions by the Federal Reserve after the announcement. At its January meeting, the Fed is currently expected by the markets to maintain current interest rates.
The dollar lost value in relation to the Swiss franc, Japanese yen, British pound and euro. The pound touched a two-month high ahead of the Bank of England’s policy announcement, while the euro reached its best level since September. Ethereum had a modest decline but Bitcoin saw a rise of almost 1% following four days of losses.
The U.S. dollar hovered around multi-week lows against the euro and yen on Tuesday as investors awaited U.S. economic data later in the session that could affect expectations for the Federal Reserve's policy path. https://t.co/eOqMBFyOHs
— Reuters Africa (@ReutersAfrica) December 16, 2025
As investors look for alternative assets during uncertain economic times a declining dollar boosts demand for Bitcoin and helps prices rise.
MetaMask Adds Direct Bitcoin Support to Its Wallet
One of the most well-known cryptocurrency wallets, MetaMask has formally enabled support for Bitcoin. Ten months have passed since the corporation first alluded to the change. Bitcoin may now be purchased, exchanged, sent and received right within the MetaMask wallet.
Bitcoin was previously exclusively accessible to MetaMask users via wrapped versions on Ethereum. Real Bitcoin transactions are now available with this update but MetaMask warned users that Bitcoin transfers are typically slower than Ethereum or Solana transactions.
Assets from several blockchains, including Ethereum, Solana, Sei, Monad, and Bitcoin, are now supported by the wallet. In order to promote Bitcoin usage within the software, MetaMask also gives reward points to users that swap into BTC.
LATEST: 🔗 MetaMask now supports Bitcoin, allowing users to buy, send and receive the cryptocurrency, with those making swaps into BTC earning rewards as part of a $30 million program ahead of its token launch. pic.twitter.com/lXWjk0lXf9
— CoinMarketCap (@CoinMarketCap) December 16, 2025
This release is a component of MetaMask’s larger effort to develop into a real multichain wallet. More blockchain connections are scheduled for 2026 according to the corporation.
Easy access to Bitcoin via MetaMask may increase trading activity and adoption which would eventually strengthen BTC pricing.
Bitcoin Technical Analysis
Bitcoin is trading near $86,600 on the 2-hour chart after slipping from recent highs, with price compressing inside a symmetrical triangle formed by a descending trendline from mid-December and a rising support trendline from late November. Recent candlesticks show long lower wicks around $85,200, signaling demand on dips, but upper wicks near $88,000 suggest sellers remain active.
Price is hovering below the 50-EMA near $87,900 and the 100-EMA around $90,600, keeping short-term momentum capped. The broader structure still respects the higher-low sequence, but a clear break is needed for direction.
Key support sits at $85,200, followed by $83,300, which aligns with a prior range low and a Fibonacci retracement of the November rally. Resistance is seen at $88,000, then $90,600.
RSI is near 45, showing weak momentum without oversold conditions. A triangle breakout is likely to set the next move.
Trade plan: Wait for a confirmed breakout of the triangle, go long above $88,000 targeting $90,600, or short below $85,200 targeting $83,300, with tight risk control.
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