According to market observers, the US strikes on Venezuela early Saturday are not expected to push Bitcoin into a large sell-off. The strikes took place at around 6 a.m. UTC and lasted for about 30 minutes, reports show.
Michael van de Poppe, founder of MN Trading Capital, wrote on X that he does not expect “a widespread correction” tied to the attack, arguing the event was planned and has already passed market participants. Other analysts shared a similar view, saying dramatic moves usually come when traders expect worse things ahead.
Bitcoin: Market Moves And Liquidations
Based on reports, Bitcoin held firm above the $90,000 mark. CoinGecko data showed a rise of 1.50%, putting the token at $91,320 at the time of publication.
I don’t think we’ll see a widespread correction based on the attack in Venezuela on #Bitcoin.
It’s a planned and coordinated attack on Maduro, and is already past us.
The likelihood of more negativity on the markets from that single event
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