Bitcoin price prediction indicates BTC is positioned to push above $95,000 before December’s end as American Bitcoin Corp (ABTC) accumulated another 54 bitcoin in anticipation of a Santa rally.
Eric Trump’s Firm Joins Top 20 Bitcoin Treasury Companies
The Nasdaq-listed firm, co-founded by Eric Trump, revealed Tuesday that recent acquisitions have expanded the company’s Bitcoin holdings beyond 5,000 BTC, placing it among the top 20 publicly traded bitcoin treasury firms, according to bitcointreasuries.net.
The company has achieved a 96.5% bitcoin yield since its Nasdaq debut, alongside 533 satoshis per share as of December 14.
Glassnode data reveals whales are aggressively buying the dip.
In the last 30 days alone, whales accumulated 269,822 BTC worth $23.3 billion, the largest monthly purchase in the last 13 years.
Analysts view this as a significant boost for Bitcoin price prediction as December progresses, with markets anticipating a bounce from the current $85,000-$87,000 level toward $95,000, with potential extension into six figures before year-end.
Bitcoin Price Prediction: Daily Chart Shows Compression Pattern Before Breakout
Bitcoin’s daily chart displays price compressing into a tightening structure following an extended downtrend, with the market now trading between a descending trendline from the cycle high and a rising base around the $85,000 support zone.
This price action suggests sellers are exhausting momentum, as each downward push is absorbed near the same demand area, forming a higher-low structure against the broader downtrend line.
Source: TradingViewThe $85,000 level represents the most crucial near-term support and must hold to preserve the developing reversal setup.
On the upside, the descending trendline and the $95,000 region act as confluence resistance, and a decisive daily close above this zone would confirm a bullish breakout from the compression pattern.
Volume has diminished during consolidation, typical behavior preceding a directional move, while the RSI remains below 50 but has stabilized and is attempting to curl higher, signaling fading bearish momentum rather than strong selling pressure.
Provided Bitcoin maintains above $85,000, the bias favors a continuation higher toward $95,000, with a successful breakout opening the door to a return to the upper-$90,000 region.
A breakdown below $85,000 would invalidate the bullish setup and redirect focus toward deeper support levels, preserving the broader corrective trend.
Maxi Doge Offers Investors Early Access Before Bull Market Returns
If Bitcoin finally breaks the $95,000 resistance and sets the stage for a 2026 bull run, presale projects like Maxi Doge ($MAXI) would benefit from the market revival.
Maxi Doge is an early-stage memecoin following the Dogecoin playbook, generating over 100x gains during the last bull run.
The MAXI presale has raised over $4.3 million and offers 72% annual staking rewards for those entering early at the current $0.000273 price before it increases.
The project has also established an alpha channel where traders exchange insider tips, share early trade ideas, and discover hidden opportunities to capitalize on the upcoming bull run.
To buy early, visit the official Maxi Doge website and connect a crypto wallet like Best Wallet.
You can pay with existing crypto like USDT and ETH, or use a bank card to complete your purchase immediately.
The post Bitcoin Price Prediction: Can the BTC Price Push Above $95,000 in December? American Bitcoin Stacks Up in Anticipation appeared first on Cryptonews.
