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2026 starts with this post!Gate 2025 Year-End Gala Square TOP50 List Announced!
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Analysis: The market's response to the Venezuela situation may be limited, and Bitcoin prices remain resilient.
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.