Bitcoin Price Prediction: BTC Nears Key Zone as Kenya’s Crypto Shake-Up Sparks New Questions

Bitcoin Cryptocurrency
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Shock moves in Kenya and rising ETF pressure put traders on edge — Bitcoin price prediction now focuses on the critical $83.8K–$75K zone.
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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 sits under pressure as Kenya’s sudden rollout of Bitcoin ATMs tests its new crypto law at the same time the US government’s reopening fuels expectations for over 100 new crypto ETF filings in 2026. With ETF withdrawals rising, XRP sliding, and Bitcoin now falling toward its key $83.8K–$75K demand zone, traders are watching whether regulatory shifts can help stabilize sentiment.

Bitcoin ATMs Test Kenya’s New Crypto Law

Bitcoin ATMs are now appearing inside major Nairobi malls, immediately testing Kenya’s newly introduced crypto framework. Machines branded “Bankless Bitcoin” were spotted beside traditional banking kiosks, allowing shoppers to convert cash directly into cryptocurrency — a level of access that regulators hadn’t expected so soon.

The rollout comes only weeks after Kenya enacted the Virtual Assets Service Providers Act of 2025, its first licensing system for exchanges, custodians, and wallet providers. The law aims to bring clarity and oversight to a market that has grown rapidly without formal rules.

The sudden installation of ATMs in high-traffic retail centers now raises questions about how quickly the regulator can enforce compliance, monitor operators, and ensure adherence to the new licensing requirements. Kenya’s attempt to build a structured digital-asset ecosystem may face its first real test sooner than anticipated.

Government Reopening Fuels ETF Momentum

The reopening of the US government is already reshaping expectations for the crypto market, with analysts forecasting a wave of new cryptocurrency ETFs in 2026. Bitwise CIO Matt Hougan told CNBC that demand for regulated crypto products remains “huge,” noting that more than 100 new ETF filings could arrive next year.

Investors are especially eyeing simple index-style funds that offer passive exposure without the complexity of direct custody.

But near-term pressure remains. XRP dropped 13% this week even as Canary Capital’s new XRP ETF recorded a strong $58 million debut. Bitcoin ETFs are also struggling, facing over $1.1 billion in withdrawals in November, the worst month so far.

With Bitcoin trading below the average cost basis of $89,600, many ETF investors are underwater. Still, analysts believe the government’s reopening and the arrival of new ETF products could set the stage for a stronger Bitcoin rebound in 2026.

Bitcoin (BTC/USD) Tests Critical $83.8K–$75K Zone

Bitcoin continues to drift lower, slipping beneath its long-term trendline and heading toward the broad daily demand zone between $83,800 and $75,000. The decline is unfolding inside a clear descending channel, with each bounce failing near the 20-day EMA, which has now crossed decisively below the 50-day EMA. This crossover reflects weakening short-term momentum, even as the selloff begins to lose velocity.

Bitcoin Price Chart – Source: Tradingview

On the daily chart, RSI sits near 31, a zone where Bitcoin has previously formed higher-low structures or printed early bullish divergence before major reversals. Recent candles show long lower wicks, hinting at buyers gradually probing the downside.

If price reaches the demand zone, traders will watch for a bullish engulfing candle or a sharp rejection wick, signals that typically precede a rotation higher.

A potential recovery path, mapped through the TradingView projection tool, shows an initial rebound toward $99,000, followed by a retest of $115,000 if BTC breaks above the upper channel boundary. The broader structure suggests a medium-term setup forming: accumulation inside the demand zone with risk contained beneath $75,000 and upside potential toward $103K–$115K.

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.

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