Bitcoin 'widespread correction' unlikely after US strike on Venezuela: Analyst

Despite Bitcoin’s past of volatility during geopolitical tensions, its terms is improbable to autumn successful the coming days pursuing the US onslaught connected Venezuela, according to a crypto analyst.

“I don't deliberation we'll spot a wide correction based connected the onslaught successful Venezuela connected Bitcoin,” MN Trading Capital laminitis Michael van de Poppe said successful an X station connected Saturday.

The US strikes connected Venezuela took spot astatine astir 6:00 a.m. UTC connected Saturday and reportedly lasted for astir 30 minutes. Van de Poppe anticipates the lawsuit volition not straight impact Bitcoin’s (BTC) terms due to the fact that it was a “planned and coordinated attack” and 1 that has “already passed us.”

He argued that the probability of “more negativity connected the markets” from the lawsuit are “relatively slim.” 

Bitcoin tends to conflict astir geopolitical uncertainty

Bitcoin’s terms has stayed comparatively unchangeable implicit the past 24 hours, rising 1.66% to reclaim the $90,000 level, trading astatine $91,290 astatine the clip of publication, according to CoinMarketCap.

Bitcoin’s terms is up 4.19% implicit the past 7 days. Source: CoinMarketCap

In the past 24 hours, $60.04 cardinal successful Bitcoin leveraged positions were liquidated, with shorts accounting for $55.01 million, CoinGlass information shows.

There person been respective instances successful caller times wherever Bitcoin’s terms has abruptly declined pursuing escalating geopolitical tensions, including those involving Iran and Israel, arsenic good arsenic Russia and Ukraine. 

Bitcoin has proven to “stay firm” supra $90,000

In June 2025, Bitcoin fell 2.8%, dropping from $106,042 to $103,053 wrong conscionable 90 minutes pursuing explosions successful Tehran, for which Israel aboriginal claimed work for.

Related: Bitcoin and Ether ETFs propulsion successful $646M connected archetypal trading time of 2026

Echoing a akin sentiment to van de Poppe, crypto expert Tyler Hill said, “generally the marketplace truly nukes erstwhile we expect things to get worse afterwards which doesn't look to beryllium the case.”

“Could spot this really bring immoderate greenish to the marketplace arsenic radical instrumentality this arsenic a motion of spot though,” Hill added.

Meanwhile, crypto expert Shagun Makin said Bitcoin has proven it tin “stay firm” contempt “geopolitical noise,” reinforcing assurance that it tin enactment supra $90,000.

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