Bitcoin Price Remains Steady Near $90,000 Despite Escalating US-Venezuela Tensions
The price of Bitcoin has held near the $90,000 level, despite a significant escalation in geopolitical tensions between the United States and Venezuela. The situation arose after US President Donald Trump confirmed airstrikes on Venezuela’s capital, Caracas, resulting in the capture of Venezuelan President Nicolás Maduro. However, the news has had a limited impact on the Bitcoin market, with the cryptocurrency briefly dipping below $90,000 before recovering.
Key Factors Influencing Bitcoin’s Price Stability
Several factors have contributed to Bitcoin’s price stability, including its ability to hold above the 21-day moving average, a level often viewed as short-term support. According to Michaël van de Poppe, this threshold could open the door to further price gains in January, assuming broader market conditions remain stable. Additionally, analyst Linh Tran believes that Bitcoin entered a corrective phase in late 2025, with the current pullback reflecting a structural shift in the market, driven less by retail speculation and more by macroeconomic conditions, institutional flows, and regulatory developments.
Expert Insights and Predictions
Abra CEO Bill Barhydt predicts that 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 points 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. Meanwhile, crypto trader Lennaert Snyder warns that volatility could increase once traditional markets reopen, as institutional investors typically sit out weekends, meaning reactions may still come when US markets open on Monday.
Bitcoin’s Resilience in the Face of Geopolitical Uncertainty
Historically, sudden geopolitical shocks or macroeconomic stress have triggered abrupt drawdowns in risk-on assets, including cryptocurrencies. However, this time, the response has been restrained, at least so far. The situation stems from the US-Venezuela military escalation, which has sparked intense debate online, but financial markets have appeared largely unfazed over the weekend. As the situation continues to unfold, it remains to be seen how Bitcoin’s price will react to the evolving geopolitical landscape.
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