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Analysts: Major Bitcoin Sell-Off Not Expected After US Strike
Despite the recent U.S. military action in Venezuela, crypto analysts say a broad Bitcoin correction is unlikely in the near term. Market observers point to the controlled nature of the strike and the absence of an escalating geopolitical cascade as reasons BTC should remain resilient.
Why analysts see limited downside for BTC
Michael van de Poppe, founder of MN Trading Capital, wrote on X that he does not expect the Venezuela strike to trigger a widespread slump in Bitcoin. He noted the operation appeared to be a planned, coordinated action that has already concluded, reducing the chance of ongoing market disruption.
Market context and investor reaction
Bitcoin’s price has remained relatively stable since the event, trading around the $90,000 mark and showing modest weekly gains. Short-term volatility has occurred during past geopolitical flare-ups — for example, sudden drops following incidents involving Iran, Israel, Russia, and Ukraine — but analysts say the current environment lacks signs of an intensifying crisis that would prompt panic selling.
Bitcoin’s price is up 4.19% over the past seven days
Bitcoin’s on-chain and derivatives data also reflects selective positioning. CoinGlass reported roughly $60.04 million in liquidations on Bitcoin leveraged positions in the last 24 hours, with shorts accounting for approximately $55.01 million. These liquidations underline how leveraged traders can amplify intraday moves, even when the broader market remains steady.
Analyst perspectives: cautious but optimistic
Other market commentators echoed van de Poppe’s view. Crypto analyst Tyler Hill observed that sizeable market drawdowns usually follow expectations of worsening conditions — which, in this case, appear limited — and suggested the strike could even be interpreted as a sign of decisive action that bolsters risk appetite.
Historical resilience above key levels
Analysts including Shagun Makin emphasized Bitcoin’s ability to hold critical price tiers, noting that BTC has demonstrated resilience above $90,000 despite ongoing geopolitical noise. Historical episodes show quick price reactions to sudden events, but sustained corrections typically require a prolonged and worsening geopolitical or macroeconomic backdrop.
Traders and institutional investors will continue monitoring on-chain metrics, derivatives exposure, and headlines for signs of a material shift. For now, major analysts see the probability of a wide-ranging Bitcoin correction as relatively slim, though short-term volatility remains possible given leveraged positions and trader sentiment.
Source: cointelegraph
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