Investing 21-11-2025 06:03 12 Views

Bitcoin Price Prediction: ABCD Pattern Targets $83K Pivot as Demand Zone Tightens

Bitcoin is approaching its key $74,500 –$83,800 demand zone just as a broader ABCD pattern completes, tightening speculation around a potential pivot near $86,000. This comes alongside major adoption headlines, a congressional push to let Americans pay federal taxes in BTC, Europe’s expanding crypto ETP market, and Metaplanet’s $135M Bitcoin accumulation plan, all shaping expectations for Bitcoin’s next major move.

Congress Pushes New Bill to Let Americans Pay Federal Taxes in Bitcoin

A new proposal in Washington is putting Bitcoin back in the national spotlight. Congressman Warren Davidson has introduced the Bitcoin for America Act, a bill that would let U.S. citizens pay federal taxes directly in Bitcoin. If approved, this would mark the first time the federal government accepts BTC as an official payment method.

JUST IN: Congressman Warren Davidson introduces "#Bitcoin for America" bill to:

– Codify the Strategic Bitcoin Reserve Executive Order
– Eliminate capital gains tax when paying taxes with BTC pic.twitter.com/cFrqDEOfsE

— Bitcoin Magazine (@BitcoinMagazine) November 20, 2025

Strategic Bitcoin Reserve Planned

Under the bill, all Bitcoin received from tax payments would move into a Strategic Bitcoin Reserve, a long-term treasury held entirely in cold storage for at least 20 years. Supporters say this approach gives the U.S. government exposure to a scarce, non-inflationary asset instead of relying solely on the dollar.

Davidson argues that adding Bitcoin to America’s balance sheet strengthens financial stability by giving the country a position in “one of the world’s most valuable digital assets.”

Boosting U.S. Competitiveness

The bill also aims to keep the United States competitive as major global powers, including China and Russia, reportedly accumulate Bitcoin. By officially embracing BTC, the U.S. could position itself ahead of countries that are already integrating digital assets into their economic strategies.

Impact on Bitcoin Adoption and Demand

If passed, the Bitcoin for America Act could significantly increase BTC demand by making it part of federal payment infrastructure. Recognizing Bitcoin as a valid method for paying federal taxes may boost long-term confidence and support higher prices, as national adoption tends to attract institutional and international attention.

21Shares Expands in Europe With Six New Crypto ETPs

21Shares has strengthened its European presence by listing six new crypto ETPs on Nasdaq Stockholm, bringing its Swedish lineup to sixteen. The new products include single-asset ETPs for Aave, Cardano, Chainlink, and Polkadot, along with two diversified crypto baskets.

21SHARES LISTS NEW ETPs ON NASDAQ STOCKHOLM

21Shares just listed 16 new crypto ETPs on Nasdaq Stockholm including $AAVE, $ADA, $LINK, $DOT, plus two crypto index baskets HODL & HODLX. pic.twitter.com/XRc9TcgP94

— Coin Bureau (@coinbureau) November 20, 2025

The move follows the recent launch of the JUNO ETF, highlighting rising demand for regulated digital-asset exposure across Europe. With more than $8 billion in assets, 21Shares says Nordic investors are increasingly seeking affordable and diversified crypto access, reflecting growing confidence in compliant crypto investment options.

Metaplanet Plans $135M Share Sale to Expand Bitcoin Holdings

Metaplanet has announced plans to raise $135 million by issuing 23.6 million Class B perpetual preferred shares, priced at 900 yen ($5.71) each. Shareholders will vote on the proposal on December 22, 2025, with the offering targeted at foreign investors.

The new Class B shares carry a 4.9% annual dividend and can be converted into common stock at a preset price. Metaplanet may also redeem the shares if its stock trades above a defined threshold. As part of the restructuring, the company is canceling older warrants and granting Evo Fund updated financing rights.

JUST IN: Metaplanet to raise $150 million via perpetual preferred equity to buy more #Bitcoin

Nothing stops this train pic.twitter.com/fMn7wC2TRl

— Bitcoin Magazine (@BitcoinMagazine) November 20, 2025

CEO Simon Gerovich says the effort, called Project MERCURY, is aimed at expanding the firm’s long-term Bitcoin treasury strategy. Metaplanet currently holds 30,823 BTC, though its position is down nearly 15% from the firm’s average acquisition cost following recent market weakness.

Bitcoin Technical Outlook: Bears Push Toward Demand Zone as Reversal Signals Build

Recalling my previous Bitcoin price prediction, Bitcoin is drifting toward the $74,500 –$83,800 demand zone, a level that fueled April’s rally and aligns with the 0.618 retracement of 2025’s broader uptrend. The recent break below Bitcoin’s long-term ascending trendline has shifted momentum decisively lower, with a sequence of three black crows on the daily chart confirming sustained selling.

Momentum is now stretched. The RSI has fallen into the mid-20s, a zone where prior recoveries have often begun, though a clear bullish divergence has not yet formed. Traders are watching for a bullish engulfing or long-wick rejection inside the demand zone to signal seller exhaustion.

Bitcoin Price Chart – Source: Tradingview

Structurally, BTC is completing the corrective leg of a broader ABCD pattern, with the next potential pivot emerging near $86,000. A rebound from this region could trigger a retest of $97,500, where the broken trendline and horizontal resistance converge.

A decisive close above that zone may open the door toward $111,300, the next major supply area. A deeper dip into the demand zone, however, would offer traders a higher-quality setup: a confirmed reversal supported by rising RSI and a reclaim of the 20-EMA.

For those positioning ahead of upcoming crypto presales, a stabilized Bitcoin could act as the spark that reenergizes broader market sentiment heading into 2026.

Bitcoin Hyper: The Next Evolution of BTC on Solana?

Bitcoin Hyper ($HYPER) is bringing a new phase to the Bitcoin ecosystem. While BTC remains the gold standard for security, Bitcoin Hyper adds what it always lacked: Solana-level speed. The result: lightning-fast, low-cost smart contracts, decentralized apps, and even meme coin creation, all secured by Bitcoin.

Audited by Consult, the project emphasizes trust and scalability as adoption builds. And momentum is already strong. The presale has surpassed $28 million, with tokens priced at just $0.013295 before the next increase.

As Bitcoin activity climbs and demand for efficient BTC-based apps rises, Bitcoin Hyper stands out as the bridge uniting two of crypto’s biggest ecosystems. If Bitcoin built the foundation, Bitcoin Hyper could make it fast, flexible, and fun again.

Click Here to Participate in the Presale

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