Analyst: Bitcoin Price Drop Unlikely Following U.S. Action Against Venezuela

In light of Bitcoin’s historical volatility during geopolitical crises, a crypto analyst suggests its price is unlikely to decrease in the near future following the US strike on Venezuela.

“I don’t anticipate a broad correction in response to the attack in Venezuela on Bitcoin,” stated MN Trading Capital founder Michael van de Poppe in a post on X on Saturday.

The US’s actions against Venezuela occurred around 6:00 a.m. UTC on Saturday and reportedly lasted approximately 30 minutes. Van de Poppe predicts that this event will not significantly impact Bitcoin’s (BTC) value since it was a “planned and coordinated attack” that has “already occurred.”

He suggested that the likelihood of “greater negative repercussions on the markets” stemming from this event is “relatively low.”

Bitcoin often faces challenges amid geopolitical tensions

Over the past 24 hours, Bitcoin’s price has remained fairly stable, increasing by 1.66% to surpass the $90,000 mark, trading at $91,290 at the time of this report, according to CoinMarketCap.

In the previous 24 hours, $60.04 million in Bitcoin leveraged positions were liquidated, with shorts accounting for $55.01 million, according to data from CoinGlass shows.

Recently, there have been multiple instances where Bitcoin’s value has dropped sharply following rising geopolitical tensions, including situations between Iran, Israel, and the ongoing conflict in Ukraine.

Bitcoin has demonstrated stability above $90,000

In June 2025, Bitcoin encountered a 2.8% drop, sliding from $106,042 to $103,053 within just 90 minutes following explosions in Tehran, for which Israel later claimed responsibility.

Related: Bitcoin and Ether ETFs generated $646M on their first trading day of 2026

Resonating with van de Poppe’s viewpoint, crypto analyst Tyler Hill remarked, “generally, the market reacts negatively when we expect conditions to worsen, which doesn’t seem to be the case this time.”