Bitcoin Price Prediction: BTC Drops Toward $83K as Senate Bill, Citrea Rollup and Metaplanet’s $137M Plan Shift Outlook
Bitcoin fell to about $85,289 on Thursday, extending recent volatility even as new structural drivers emerge around regulation, on-chain activity, and corporate demand. A US Senate Agriculture Committee bill advanced by a 12-11 vote, Citrea’s Bitcoin ZK-rollup mainnet went live, and Metaplanet approved a $137 million fundraising plan to buy more BTC, all while price tests support near $83,000 inside a descending channel. These forces could influence Bitcoin’s long-term supply-demand balance despite short-term bearish pressure.