Bitcoin Price Prediction: $88K Standoff as Coinbase, Metaplanet, and Ghana Shift the Game

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Tension builds near $88K as adoption accelerates, Bitcoin price prediction weighs breakout risk against a decisive descending channel test.
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Crypto Writer
Crypto Writer
Arslan ButtVerified
Part of the Team Since
Sep 2022
About Author

Arslan Butt is an experienced webinar speaker, market analyst, and content writer specializing in crypto, forex, and commodities. He provides expert insights, trading strategies, and in-depth analysis...

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Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.

Bitcoin is trading near $88,000 as markets weigh a rare mix of corporate expansion, institutional innovation, and regulatory clarity. Coinbase’s move into prediction markets, Metaplanet’s dividend-paying Bitcoin exposure, and Ghana’s crypto legalisation are strengthening long-term adoption narratives just as BTC compresses inside a descending channel. The result is a market balancing structural demand growth against a decisive technical inflection point.

Coinbase Expands Into Prediction Markets with New Acquisition

Coinbase is expanding beyond spot crypto trading with plans to acquire prediction markets firm The Clearing Company, marking a clear push into event-driven financial products.

Prediction markets let users trade contracts linked to real-world outcomes, from elections and economic data to sports and policy decisions.

The move places Coinbase in more direct competition with platforms like Robinhood and Interactive Brokers, which already offer broader trading access.

The expansion is not without debate. Critics warn that prediction markets resemble online betting and could face tougher regulatory oversight. Supporters argue they often reflect real-time expectations more accurately than traditional polls, especially around political and macro events. Interest has surged since the 2024 US election.

Expected to close in January, the deal is Coinbase’s ninth acquisition in 2025, strengthening revenue diversification and reinforcing long-term institutional confidence in the crypto ecosystem.

Metaplanet Targets Global Institutions with Dividend-Paying Shares

Metaplanet is reshaping its capital strategy to attract global institutional investors by approving dividend-paying preferred shares, reducing its reliance on equity dilution. The move allows Japan’s largest corporate Bitcoin holder to offer income-focused exposure through new Class A and Class B shares.

Class A shares will pay floating monthly dividends, while Class B shares include quarterly payouts alongside investor protections such as buyback options.

With more than 30,823 Bitcoin worth about $2.75 bn, Metaplanet is giving institutions indirect Bitcoin exposure without requiring direct custody, supporting longer-term corporate adoption.

Ghana Legalizes Crypto Trading Under New Law

Separately, Ghana has legalized crypto trading under its new Virtual Asset Service Providers law. The Bank of Ghana now oversees licensing and regulation, with Governor Johnson Asiama confirming crypto use will no longer trigger arrests. Clear rules improve trust, encourage innovation, and underpin sustained demand for Bitcoin across emerging markets.

Ghana is one of the top five crypto economies in Sub-Saharan Africa and its move coincides with the continent’s growing usage of cryptocurrencies. Clear regulation boosts trust promotes broader adoption in developing nations and sustains long-term demand for BTC.

Bitcoin Price Prediction: BTC Tests $88K Support as Descending Channel Nears Break

Bitcoin price prediction seems bearish as BTC is trading near $88,000, entering a technically sensitive phase rather than a disorderly selloff. On the 4-hour chart, price remains inside a clear descending channel that has shaped action since late November.

While lower highs still define the structure, selling pressure has slowed, pointing to consolidation rather than continuation.

Bitcoin Price Chart – Source: Tradingview

Bitcoin is testing a key pivot area. The 50-EMA near $88,400 has turned into resistance, while the 100-EMA around $89,000 caps rebounds. This EMA compression within a descending channel often precedes a volatility expansion. Recent candles show smaller bodies and mixed wicks, including spinning-top formations, reflecting balance rather than conviction.

Support remains firm near $84,500, aligned with the lower channel boundary. Each test has produced a stronger rebound, suggesting demand is absorbing supply. RSI is hovering just below 50 and has stopped making lower lows, hinting at improving momentum beneath the surface.

A break above $90,500–$91,000 would shift structure toward $94,200, then $98,000. A loss of $84,500 would reopen downside toward $80,600. Patience remains key as price compresses.

PEPENODE: A Mine-to-Earn Meme Coin Nearing Presale Close

PEPENODE is gaining momentum as a next-generation meme coin that blends viral culture with interactive gameplay. With over $2.37 mn raised and the presale approaching its cap, interest is building fast as the countdown enters its final stretch.

What makes PEPENODE stand out is its mine-to-earn virtual ecosystem. Instead of passive holding, users can build digital server rooms using Miner Nodes and facilities, earning simulated rewards through a visual dashboard. The concept brings gamification and competition into the meme coin space, giving holders something to do before launch.

The project also offers presale staking, allowing early participants to earn boosted rewards ahead of the token generation event. Leaderboards and bonus incentives are planned post-launch to keep engagement high.

With 1 $PEPENODE priced at $0.0012016 and limited allocation remaining, the presale is entering its final opportunity window for early buyers.

Click Here to Participate in the Presale
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Bitcoin
BTC
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