Crypto Journalist
Amin Ayan
Crypto Journalist
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The price of Bitcoin held near the $90,000 level on Saturday, even as geopolitical tensions between the United States and Venezuela escalated sharply following overnight military action.
Key Takeaways:
- Bitcoin held near $90K despite a major US–Venezuela military escalation that dominated headlines.
- BTC staying above its 21-day moving average signals short-term support and potential January upside.
- Analysts warn volatility could rise once institutional traders return when US markets reopen.
Bitcoin briefly dipped below $90,000 in early trading before recovering, showing limited reaction to an event that dominated global headlines.
“The US bombed a country and captured its leader, on a weekend no less, and yet Bitcoin has barely moved,” said Nic Puckrin, founder of crypto media firm Coin Bureau, in a post on X.
Bitcoin’s Calm Amid Geopolitical Shock Puts Focus on Key Support Level
The muted response stood out in a market where risk assets often see sharp sell-offs during geopolitical crises.
From a technical perspective, analysts point to encouraging signals. Michaël van de Poppe noted that Bitcoin remains above its 21-day moving average, a level often viewed as short-term support.
Holding above that threshold could open the door to further price gains in January, assuming broader market conditions remain stable.
The resilience is notable given Bitcoin’s recent volatility.
Historically, sudden geopolitical shocks or macroeconomic stress have triggered abrupt drawdowns in risk-on assets, including cryptocurrencies. This time, the response has been restrained, at least so far.
The situation stems from an announcement by US President Donald Trump, who confirmed airstrikes on Venezuela’s capital, Caracas, that led to the capture of Venezuelan President Nicolás Maduro.
While the news sparked intense debate online, financial markets appeared largely unfazed over the weekend.
Some analysts caution that the calm may not last. “There’s a lot of geopolitical tension, and next week the big players will return,” said crypto trader Lennaert Snyder, warning that volatility could increase once traditional markets reopen.
Institutional investors typically sit out weekends, meaning reactions may still come when US markets open on Monday.
Any renewed selling pressure would add to Bitcoin’s recent corrective phase. After a flash crash in October, Bitcoin fell more than 30% from an all-time high above $125,000 to around $80,000 in November, before rebounding toward current levels.
Bitcoin Seen Entering Accumulation Phase in Early 2026
Analyst Linh Tran believes Bitcoin entered a corrective phase in late 2025 after peaking near $126,000 and falling roughly 35% to around $80,000.
In a note shared with Cryptonews.com, she said this pullback reflects a structural shift in the market, with Bitcoin now driven less by retail speculation and more by macroeconomic conditions, institutional flows, and regulatory developments.
Meanwhile, Abra CEO Bill Barhydt believes Bitcoin could benefit in 2026 as easing monetary policy injects fresh liquidity into global markets, reviving risk appetite after a prolonged period of tight financial conditions.
Barhydt said the US central bank is already laying the groundwork for looser policy.
He pointed to early signs of renewed balance sheet support, describing the current environment as “quantitative easing light,” with the Federal Reserve stepping in to support demand for government debt.
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