Bitcoin Remains Steady Near $90K Amid US–Venezuela Military Tensions

Bitcoin Remains Steady Near $90K Amid US–Venezuela Military Tensions

Despite escalating geopolitical tensions between the United States and Venezuela, the price of Bitcoin has stayed near the $90,000 mark as of Saturday, showing resilience even amidst significant global events.

Key Takeaways:

Bitcoin has maintained its price around $90K despite a notable military escalation between the US and Venezuela.
The cryptocurrency's ability to stay above its 21-day moving average suggests short-term support and potential for upward movement in January.
Analysts warn that increased volatility may occur when institutional traders return to the markets with the reopening of US trading.

In early trading, Bitcoin briefly fell below the $90,000 level but quickly recovered, exhibiting little sensitivity to breaking news surrounding military events.

Nic Puckrin, the founder of crypto media outlet Coin Bureau, commented on this surprising stability on social media platform X, saying, “The US bombed a country and captured its leader, on a weekend no less, and yet Bitcoin has barely moved.”

Bitcoin's Resilience Amidst Geopolitical Shock

The muted reaction of Bitcoin is notable, especially in a market environment where assets are usually subject to sharp downturns due to geopolitical crises.

On the technical front, analysts are observing promising signs. Michaël van de Poppe pointed out that Bitcoin remains above its 21-day moving average, a metric often associated with short-term market support.

If Bitcoin can sustain this above the 21-day average, it could pave the way for potential gains in January, provided overall market conditions remain stable.

Despite recent fluctuations, Bitcoin’s current performance is remarkable. Historically, significant geopolitical events or economic stresses have led to rapid sell-offs in riskier assets, including cryptocurrencies. However, this time around, the market's response has been relatively calm—for now.

The catalyst for these tensions began with an announcement from US President Donald Trump, who confirmed airstrikes on Caracas, the capital of Venezuela, resulting in the capture of President Nicolás Maduro.

While this news sparked widespread discussion online, financial markets appeared to remain largely unaffected over the weekend.

However, some analysts, including crypto trader Lennaert Snyder, caution that this tranquility may not endure. “There’s a lot of geopolitical tension, and next week the big players will return,” Snyder noted, suggesting that volatility might increase once traditional markets resume trading.

Since institutional investors typically refrain from trading over the weekend, market reactions may be influenced significantly when US markets open on Monday.

A resurgence in selling pressure could exacerbate Bitcoin’s recent downward trend. Following a flash crash in October, Bitcoin saw a decline of more than 30% from an all-time high exceeding $125,000, dropping to around $80,000 in November, before recovering to its current levels.

Bitcoin Likely Entering an Accumulation Phase in Early 2026

Analyst Linh Tran suggests that Bitcoin entered a corrective phase in late 2025, after reaching a high near $126,000 and subsequently dropping around 35% to approximately $80,000.

In a memo shared with Cryptonews.com, Tran mentioned that this pullback indicates a structural shift in market dynamics, with Bitcoin being less influenced by retail speculation and more by macroeconomic factors, institutional investments, and regulatory changes.

On the other hand, Abra CEO Bill Barhydt believes that Bitcoin could see positive developments in 2026 as easing monetary policies inject new liquidity into global markets, which may reignite risk appetite following a prolonged phase of tight financial conditions.

Barhydt pointed out that the US central bank is already laying the foundation for looser policies, highlighting early indications of renewed support for its balance sheet. He described the current situation as “quantitative easing light,” with the Federal Reserve stepping in to stimulate demand for government debt.