Analysis: The market's response to the Venezuela situation may be limited, and Bitcoin prices remain resilient.

GateUser-6433627c · 2026-01-04T04:31:49+00:00

Despite escalating geopolitical tensions between the US and Venezuela, Bitcoin prices remain around $90,000. Analysts believe that if the price can stay above the 21-day moving average, it may continue to rise in January. Market reactions could be influenced by the upcoming OPEC meeting.

GateUser-6433627c

2026-01-04 04:31:49

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On January 4th, according to Cointelegraph, despite the escalating geopolitical tensions between the United States and Venezuela reaching a boiling point early Saturday morning, Bitcoin’s price remained resilient, stabilizing around $90,000. BTC briefly dipped below $90,000 on Saturday but quickly rebounded above that level. Market analyst Michaël van de Poppe pointed out that BTC is currently above the 21-day moving average, and if it can maintain this short-term support level, it suggests that prices in January may continue to rise. Notably, BTC has remained stable amid recent geopolitical shocks, which is significant because risk assets, including Bitcoin, typically experience sudden declines during geopolitical crises or macroeconomic headwinds. Jamie Cox, Managing Partner at HARRIS FINANCIAL GROUP in Virginia, stated that the overall market response to the Venezuela situation might be limited, and we may receive some market-moving news during the OPEC meeting on Sunday.

BTC1.18%

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