After the US launched airstrikes against Venezuela, the market initially worried that geopolitical risks might impact cryptocurrency prices, but several analysts believe that a large-scale correction in Bitcoin is unlikely in the short term. Although historically Bitcoin has experienced frequent fluctuations during major geopolitical events, the current market structure and sentiment indicate that its resilience is strengthening.
Michael van de Poppe, founder of MN Trading Capital, stated on social media that this US airstrike will not trigger a sharp decline in Bitcoin. He pointed out that the military action is a “planned and organized attack,” the event itself was short-lived and has already ended, making it less likely to cause sustained market shocks. In his view, events that are quickly absorbed by the market often do not serve as direct triggers for deep Bitcoin price corrections.
Looking at market data, Bitcoin’s response to this news has been relatively restrained. According to CoinMarketCap data, Bitcoin has risen about 1.66% in the past 24 hours, regaining the $90,000 level, with a high of $91,290, demonstrating that buying pressure remains resilient. Meanwhile, CoinGlass data shows that Bitcoin leveraged liquidations in the past 24 hours amounted to approximately $60.04 million, with over $55 million being short positions, reflecting significant short squeeze during the upward movement.
Historically, Bitcoin has indeed experienced short-term dips due to geopolitical tensions. For example, during escalations in Iran-Israel and Russia-Ukraine conflicts, BTC saw rapid corrections multiple times. After an explosion in Tehran in June 2025, Bitcoin dropped nearly 3% within 90 minutes. However, compared to that time, Bitcoin has repeatedly demonstrated greater price stability within high-range zones.
Other analysts share similar views. Analyst Tyler Hill mentioned that typically, when the market expects conflict escalation to continue, risk assets tend to sell off significantly, but this time, the market did not react similarly, which could instead be seen as a sign of market strength. Analyst Shagun Magan also pointed out that Bitcoin remains resilient amid “geopolitical noise,” which boosts market confidence in whether BTC can continue to hold above $90,000.
Overall, in the current macro environment, the US airstrike on Venezuela has a more short-term impact on Bitcoin prices, mainly causing emotional disturbances. As long as there is no further systemic escalation, the probability of a significant short-term correction remains limited, and the $90,000 level is likely to continue serving as a core support zone in the ongoing battle between bulls and bears.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Michael Saylor: Bitcoin may already have bottomed out near $60k, and the risk from quantum computing is theoretical in nature
Gate News message, on April 9, Strategy Executive Chairman Michael Saylor said that Bitcoin may have already bottomed out around $60k, as forced sellers have been gradually exiting the market. Saylor also expressed a cautious view of the security threat posed by quantum computing, saying that the relevant risks are still at a “theoretical level,” and that he believes the issue can be properly addressed in the future without overreacting.
GateNews24m ago
Adam Back Refutes Being Mysterious Bitcoin Creator, Satoshi Nakamoto
The New York Times has named Adam Back as a potential candidate for Satoshi Nakamoto, the creator of Bitcoin, based on a year-long investigation. Back denies being Satoshi, and while evidence links him to Bitcoin's origins, claims remain speculative, continuing the debate on the implications of Nakamoto's anonymity.
BlockChainReporter31m ago
Cloudflare Targets 2029 for Quantum-Safe Internet as Threat to Bitcoin Looms
In brief
Cloudflare aims to make its platform fully post-quantum secure by 2029.
New quantum research is compressing security timelines across the tech industry.
The same cryptographic math protects internet
Decrypt1h ago
After a $2.4 million loss over the week, a mega whale opened a $30.2 million BTC short position with 40x leverage, with a liquidation price of $71,941
According to Gate News, after monitoring that 0x2fc “whale” suffered losses of over $2.4 million on April 9, it opened 423.4 BTC short positions with 40x leverage. The position size was about $30.2 million, with an average price of $71,113 and a liquidation price of $71,941; within less than half an hour, it was already down 11%.
GateNews1h ago
BTC up 0.49% in 15 minutes: Short squeeze and U.S. economic data jointly drive the market
From 2026-04-09 08:30 to 2026-04-09 08:45 (UTC), BTC surged quickly within the USDT 70979.6 to 71333.3 range. The 15-minute return was +0.49%, with a range (amplitude) of 0.50%. Near-term market volatility intensified, market attention increased significantly, the number of active on-chain addresses remained consistently above 120k, and daily trading volume exceeded $2.0 billion, reflecting rising user participation.
The main driving force behind this abnormal move was a large-scale liquidation of short positions in the futures market, with approximately $273 million in short funds being forced to liquidate during this period
GateNews2h ago
