Despite the outbreak of military conflict between the US and Venezuela over the weekend, which quickly drew global attention, Bitcoin’s price did not experience drastic fluctuations and remained around $90,000, demonstrating strong market resilience. During Saturday’s early trading session, Bitcoin briefly dipped below the $90,000 mark but quickly rebounded, with the overall trend showing limited response to the geopolitical shock.
Crypto market participants pointed out that this performance contrasts sharply with traditional risk assets, which generally decline during geopolitical crises. Nic Puckrin, founder of Coin Bureau, stated that in the context of the US launching military actions and arresting foreign leaders, Bitcoin’s price showed almost no significant volatility, which itself sends an important signal.
From a technical perspective, several analysts believe that Bitcoin’s short-term structure remains robust. Analyst Michaël van de Poppe noted that BTC price is still trading above the 21-day moving average, a position often regarded as a key short-term support level. As long as overall market sentiment does not deteriorate significantly, Bitcoin still has the potential for further upward movement in January. Considering that Bitcoin has experienced multiple high-volatility episodes in the past, maintaining stability amid sudden geopolitical events is particularly crucial.
The incident was triggered by US President Donald Trump announcing airstrikes on Caracas, the capital of Venezuela, leading to the arrest of President Maduro. Although the news sparked intense discussion on social media, since traditional financial markets are closed on weekends, institutional investors have not fully participated, and the market’s true reaction may still be delayed.
Some traders warn that the current calm does not mean the risks are completely gone. As US markets open on Monday and institutional funds return, volatility could resurface. If new selling pressure emerges, Bitcoin may test key support levels again. During the rapid decline in October, BTC fell over 30% from a high above $125,000, with a low approaching $80,000.
From a medium- to long-term perspective, analysts generally believe that Bitcoin is entering a new structural phase. Researcher Linh Tran pointed out that the correction expected by the end of 2025 is not solely driven by retail investor sentiment but is closely related to macroeconomic conditions, institutional fund flows, and regulatory expectations. Meanwhile, Abra CEO Bill Barhydt believes that as global monetary policies gradually shift towards easing, Bitcoin is expected to benefit from liquidity revival in 2026 and re-emerge as an important option in risk asset allocation.
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