Bitcoin 'Correction' Unlikely After US Strike On Venezuela: Analyst
An analyst believes Bitcoin's price is unlikely to see a widespread correction following the recent US strike on Venezuela.Summary
Crypto analyst Michael van de Poppe stated that Bitcoin's price is unlikely to experience a widespread correction following the US strike on Venezuela, which occurred Saturday morning UTC. Van de Poppe argued that because the attack was "planned and coordinated" and has already passed, the probability of further market negativity is slim. Bitcoin's price remained relatively stable, trading above $90,000 at the time of reporting, despite a history of volatility during geopolitical events involving Iran/Israel and Russia/Ukraine. Other analysts, like Tyler Hill, suggested the event might even bring positive movement, while Shagun Makin reinforced confidence that Bitcoin can remain firm above $90,000 despite geopolitical noise.
(Source：Cointelegraph)