Analyst: Venezuela Situation Unlikely to Trigger Major Bitcoin Correction

KuCoinFlash

Release Time: 01/04/2026 08:00:40

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Summary

According to market analyst Michael van de Poppe, the risk of a Bitcoin correction remains low following the U.S. strike on Venezuela. Speaking on X, he described the event—which lasted about 30 minutes—as a planned and coordinated action that has already occurred. He anticipates minimal market reaction in the coming days. While Bitcoin often reacts to geopolitical events, van de Poppe sees no widespread correction on the horizon. Traders are also monitoring altcoins for potential short-term opportunities.

BlockBeats news: On January 4, according to Cointelegraph, although Bitcoin has historically been volatile during periods of geopolitical tension, cryptocurrency analysts said that Bitcoin's price is unlikely to drop in the coming days following a U.S. strike against Venezuela.

Michael van de Poppe, founder of MN Trading Capital, posted on the X platform on Saturday: "I don't think an attack on Venezuela will trigger a broad Bitcoin pullback."

According to reports, the U.S. strike against Venezuela occurred around 2:00 p.m. Beijing time on Saturday and lasted about 30 minutes. Van de Poppe expects the event to have no direct impact on the price of Bitcoin, as it was a "planned and coordinated action," and "the event itself is already in the past." He also pointed out that the likelihood of further negative market reactions arising from this is "relatively low."

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