Analyst: The situation in Venezuela is unlikely to trigger a significant Bitcoin pullback

GateUser-6433627c · 2026-01-04T07:46:34+00:00

Although geopolitical tensions often lead to Bitcoin volatility, analyst Michael van de Poppe stated that the US crackdown on Venezuela will not cause a significant drop in Bitcoin prices. He believes the event has ended and the likelihood of a negative market reaction is low.

GateUser-6433627c

2026-01-04 07:46:34

Abstract generation in progress

On January 4th, according to Cointelegraph, although Bitcoin has historically been volatile during geopolitical tensions, crypto analyst says that Bitcoin prices are unlikely to decline in the coming days after the US launched strikes against Venezuela. MN Trading Capital founder Michael van de Poppe posted on X platform on Saturday: “I don’t think an attack on Venezuela will trigger a widespread Bitcoin correction.” The report states that the US strikes on Venezuela occurred around 2 PM Beijing time on Saturday and lasted about 30 minutes. Van de Poppe expects that this event will not have a direct impact on Bitcoin’s price because it was a “planned and coordinated action,” and “the event itself has already passed.” He also pointed out that the possibility of a “further negative market reaction” triggered by this is “relatively low.”

BTC0.89%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.