Bitcoin’s Resilience Tested Amid Geopolitical Flux: Analysts Foresee No Major Pullback
The global digital asset market recently observed Bitcoin’s performance under pressure following reported US strikes in Venezuela. Occurring early Saturday morning, around 6 a.m. UTC and lasting approximately 30 minutes, these geopolitical events presented a potential stress test for the leading cryptocurrency. However, market observers largely concurred that a significant sell-off in Bitcoin was unlikely.
Expert Consensus: Limited Impact Anticipated
Leading figures in the crypto analysis space quickly weighed in, offering a calming perspective. Michaël van de Poppe, founder of MN Trading Capital, articulated on social media that he did not anticipate a “widespread correction” stemming from the attack.
I don’t think we’ll see a widespread correction based on the attack in Venezuela on #Bitcoin.
It’s a planned and coordinated attack on Maduro, and is already past us.
The likelihood of more negativity on the markets from that single event are relatively slim.
I would assume…
— Michaël van de Poppe (@CryptoMichNL) January 3, 2026
His rationale, echoed by other analysts, posited that the event was pre-planned and had already been absorbed by market participants. The consensus suggested that dramatic market movements typically materialize when traders anticipate a worsening future outlook, which was not the prevailing sentiment in this instance.
Bitcoin’s Steadfast Performance and Liquidation Data
Despite the geopolitical backdrop, Bitcoin demonstrated remarkable stability. Reports indicated the digital asset firmly held its ground above the crucial $90,000 threshold. CoinGecko data further corroborated this resilience, showing a 1.50% increase, positioning Bitcoin at $91,320 at the time of publication.
Analysis from CoinGlass revealed approximately $60 million in Bitcoin positions were liquidated over the preceding 24 hours. Notably, around $55 million of these liquidations originated from short bets. While such forced selling can introduce temporary volatility, the broader market pattern remained conspicuously muted, underscoring a lack of panic among investors.
Historical Context: A Different Market Reaction
Past instances of geopolitical conflict have, at times, triggered swift price declines in the cryptocurrency market. For example, in June 20
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