US military operation in Venezuela and repositioning process in global markets BitcoinIt moved the price of over $93,000, albeit for a short time. The rise seen in the first days of the new year gained momentum as geopolitical developments, leverage clearing in the futures markets and breakdowns in technical indicators came into play at the same time. cryptocurrency marketWhile cautious investors were left behind, a picture emerged in which price-oriented purchases came to the fore. Analysts agree that entering 2026 with simpler positions supports the upward movement.
“Clean Slate” and Geopolitical Agenda Effect on the Cryptocurrency Market
cryptocurrency The market entered 2026 with significant liquidation of speculative risks accumulated in the last quarter of 2025. matrixportSince the last peak reached in October, Bitcoin and Ethereum The market is on a healthier footing after the leveraged position of approximately $30 billion in futures transactions was resolved. emphasized. According to the institution, low positioning during the New Year holiday caused price movements to be more decisive and strengthened the buying momentum.
During the same period, the news flow from Latin America affected risk perception on a global scale. of the USA VenezuelanThe capture of President Nicolas Maduro on January 3 following the military operation in Turkey brought the country’s allegations against cryptocurrencies back to the agenda. Evaluations based on intelligence sources indicate that the Caracas administration is using Bitcoin and Bitcoin in oil and gold trade to circumvent sanctions. USDT that he uses.
These claims gave rise to the debate that Venezuela could control a secret reserve of up to 600,000 BTC. The possibility that these assets would be included in strategic reserves or frozen for a long time if seized by the USA strengthened the expectation that the supply in circulation would decrease. Market players are pricing that such a scenario could create a structurally positive basis for Bitcoin.
The Increase in Transaction Volume Brought a Technical Breakout
The activity on the price front is also supported by technical indicators. Bitcoin gained more than 2 percent in the last 24 hours, exceeding the short-term $93,000 threshold. A range of $90,877 and $93,204 was seen in intraday transactions. The 41 percent increase in transaction volume in the same period indicates that buyer interest has strengthened.
market analyst Joe Consortireported that Bitcoin rose above the 50-day moving average for the first time since October 2025. The technical level in question indicates that selling pressure has weakened and the price has returned to early December areas. According to Consorti, a permanent breach of $101,000, which corresponds to the 50-week average, may increase the possibility of a new rally.
Exceeding the 200-period moving average and the exponential average on the four-hour chart is among the signals indicating an upward trend in the short and medium term. Analysts evaluate that the upward movement may accelerate if the $ 94,000 band is exceeded, otherwise the price may enter a short-term consolidation again.
