
Jakarta, Pintu News – As reported by Cointelegraph, the price of Bitcoin remains at around $90,000, despite the geopolitical tensions that erupted between the United States and Venezuela on Saturday morning.
Bitcoin briefly dipped below $90,000 on Saturday, but then climbed back up and is currently trading above that level.
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“The United States bombs a country and arrests its leader – over the weekend anyway – but the Bitcoin price barely moves,” Nic Puckrin, market analyst and founder of crypto media Coin Bureau, said in a post on the X platform.
According to market analyst Michaël van de Poppe, BTC is currently above its 21-day moving average. If the price stays above this short-term dynamic support level, it signals that the upward price trend will continue in January.
The resilience of Bitcoin’s price amidst this geopolitical turmoil is significant, as risk assets like BTC usually tend to experience sharp declines during geopolitical crises or macroeconomic pressures.
US President Donald Trump announced that the US had conducted airstrikes on Venezuela’s capital Caracas on Saturday, leading to the arrest of Venezuelan President Nicolás Maduro.

The announcement has drawn mixed reactions online – some supportive, but many criticizing. To date, however, the impact on financial markets has been limited.
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“There is a lot of geopolitical tension right now, and the big players will be back in action next week. So, we will most likely see higher volatility in Bitcoin after the weekend,” said crypto analyst and trader Lennaert Snyder.
Institutional investors in traditional financial markets generally do not operate on weekends, evenings, or holidays. They will likely respond to this news when US markets open on Monday, which could trigger a sell-off and increase overall market volatility.
This additional selling pressure could exacerbate the Bitcoin price decline that has been ongoing since the flash crash in October, which derailed the previous upward price trend.
As a result of the crash, the price of Bitcoin plummeted by more than 30%, from a record high of over $125,000 to a low of around $80,000 in November, before eventually recovering to around $90,000.
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*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Trading crypto carries high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.
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