Bitcoin’s price showed notable resilience over the weekend, holding close to the $90,000 level despite escalating geopolitical tensions following a reported US military strike on Venezuela. Traditionally, events of this magnitude trigger sharp sell-offs across risk-on assets, yet Bitcoin barely reacted, surprising both traders and analysts.
At the time of writing, Bitcoin (BTC) is trading around $91,000 after briefly dipping below $90,000 on Saturday. The quick recovery suggests strong underlying demand and growing confidence among market participants, even amid global uncertainty.
Bitcoin Defies Geopolitical Shock as Risk Assets Stay Calm
Market observers highlighted how unusual Bitcoin’s price stability has been given the seriousness of the news. Coin Bureau founder and market analyst Nic Puckrin noted that despite reports of the US bombing Venezuela and capturing its leader, Bitcoin barely moved — even though the news broke over the weekend.
From a technical perspective, Bitcoin remains above its 21-day moving average, a key short-term support level. According to analyst Michaël van de Poppe, maintaining this level could signal continued upward momentum through January. Historically, geopolitical crises tend to pressure risk-on assets like cryptocurrencies, equities, and growth stocks, making Bitcoin’s steady performance particularly noteworthy.
This price behavior suggests Bitcoin may be increasingly viewed as a macro-resilient asset, rather than just a speculative trade vulnerable to global headlines.
Will Institutional Investors React When Markets Reopen?
The situation in Venezuela escalated after US President Donald Trump announced airstrikes on Caracas, which reportedly resulted in the capture of Venezuelan President Nicolás Maduro. While the announcement sparked intense debate online, financial markets showed little immediate reaction.
However, analysts caution that the calm may not last. Institutional investors typically do not trade over weekends, meaning the real market response could unfold when US markets reopen. Crypto trader Lennaert Snyder warned that increased volatility could emerge as major players return and reassess geopolitical risks.
Any institutional sell-off could add pressure to Bitcoin, which has already experienced heightened volatility in recent months. Following a flash crash in October, BTC fell more than 30% from its all-time high above $125,000 to a November low near $80,000, before rebounding back to the $90,000 range.
For now, Bitcoin’s ability to hold key support levels during a major geopolitical event reinforces its growing maturity as a global asset. Whether that strength continues into the week ahead will depend largely on how institutional investors respond once traditional markets reopen.
