The likelihood of a sharp drop in Bitcoin prices following the U.S. military strike on Venezuela appears limited, according to crypto market analysts, despite the digital asset’s history of reacting to geopolitical tensions.
Bitcoin is unlikely to experience a broad selloff in the days ahead, even after the U.S. operation in Venezuela, said Michael van de Poppe, founder of MN Trading Capital. In a post on X over the weekend, he argued that the attack was largely anticipated and already absorbed by markets.
The U.S. strikes reportedly took place around 6:00 a.m. UTC on Saturday and lasted roughly 30 minutes. Van de Poppe said the event was “planned and coordinated,” meaning it was unlikely to trigger additional downside for Bitcoin. As a result, he sees the chances of further negative market fallout as “relatively slim.”
Bitcoin holds steady despite geopolitical risk
Bitcoin has shown resilience in recent sessions, remaining relatively stable over the past 24 hours. The cryptocurrency rose about 1.7% to reclaim the $90,000 level, trading near $91,290 at the time of reporting, according to CoinMarketCap. Over the past seven days, Bitcoin is up more than 4%.
Data from CoinGlass showed that around $60 million in leveraged Bitcoin positions were liquidated in the last 24 hours, with the majority coming from short positions. This suggests that bearish bets were squeezed as prices held firm.
Historically, Bitcoin has been prone to sudden dips during periods of heightened geopolitical tension, including conflicts involving Iran and Israel, as well as Russia and Ukraine. However, analysts say the current situation does not appear to be escalating in a way that would trigger a similar reaction.
Analysts see resilience above $90,000
In June 2025, Bitcoin briefly fell nearly 3% within 90 minutes following explosions in Tehran, later linked to Israel, highlighting how quickly geopolitical shocks can impact prices. By contrast, the latest developments have not sparked the same level of volatility.
Echoing van de Poppe’s view, crypto analyst Tyler Hill said markets typically sell off sharply when conditions are expected to deteriorate further, which does not seem to be the case this time. He added that the situation could even support modest gains as investors interpret it as a sign of market strength.
Another analyst, Shagun Makin, said Bitcoin has repeatedly shown it can remain resilient amid geopolitical “noise,” reinforcing confidence that the cryptocurrency can stay above the $90,000 threshold.
