Bitcoin Price Analysis: BTC Ignores US-Venezuela Tensions, Closes In On $93,000

The cryptocurrency market continued its latest uptrend as Bitcoin (BTC) briefly reclaimed the $93,000 mark and the Crypto Fear & Greed Index turned neutral for the first time since October. 

Market gains were led by AI tokens, meme coins, Layer2, and DeFi tokens, indicating renewed risk appetite. However, market sentiment could change once traditional markets reopen for trading. 

BTC crossed $90,000 over the weekend, hitting a three-week high. However, ETF outflows and low leverage demand suggest investors remain wary. 

Crypto Fear & Greed Index Turns Neutral 

The Crypto Fear & Greed Index turned neutral for the first time since October 2025, marking a substantial improvement in investor sentiment after spending months in “Extreme Fear” territory. According to data from CoinMarketCap, the index is currently at 42, indicating that investor sentiment is improving after October’s flash crash that derailed market momentum and sent BTC and other tokens hurtling towards multi-month lows. 

The flagship cryptocurrency set a new all-time high just days before the market crash, and plunged to a low of $80,000 in November. BTC is yet to recover and regain pre-crash levels, having just reclaimed $90,000 this week. The clear improvement in investor sentiment is a positive development after a difficult few months for the crypto ecosystem. However, geopolitical headwinds and macroeconomic uncertainty could yet derail momentum. 

US Rep Ritchie Torres Targets Insider Trading On Prediction Markets 

United States Representative Ritchie Torres plans to introduce legislation targeting insider trading on prediction markets. The move comes after intense scrutiny over a highly profitable wager linked to the capture of Venezuelan President Nicolas Maduro. Reports about the planned legislation were confirmed by Punchbowl News founder Jake Sherman, who stated in an X post that Torres plans to introduce the Public Integrity in Financial Prediction Markets Act of 2026. 

According to Sherman, the bill will prohibit federal elected officials, political appointees, and executive branch employees from trading prediction market contracts linked to government policy or political outcomes.

Has Ethereum Solved The Blockchain Trilemma? Co-Founder Vitalik Buterin Thinks So 

Ethereum co-founder Vitalik Buterin has claimed the network has solved one of crypto’s biggest problems, the blockchain trilemma. Buterin highlighted the potential of peer data availability sampling (PeerDAS) and Zero-Knowledge Ethereum Virtual Machines (ZK-EVMs), and how the two upgrades are making Ethereum a

 

PeerDAS was introduced in December’s Fusaka upgrade and enables Ethereum to handle substantially more data. On the other hand, ZKEVMs are virtual machines compatible with ZK Proofs and the existing Ethereum Virtual Machine (EVM).

Bitcoin (BTC) Price Analysis 

Bitcoin (BTC) briefly crossed $93,000 early on Monday after the US captured Venezuelan President Nicolas Maduro. The flagship cryptocurrency finally broke past $90,000 over the weekend, ending Sunday at $91,494. BTC’s impressive performance comes despite escalating geopolitical tensions between the United States and Venezuela. While geopolitical headwinds generally pressure Bitcoin and the broader crypto ecosystem, the flagship cryptocurrency remained resilient ahead of the US markets’ opening. Riya Sehgal, Research Analyst at Delta Exchange, stated, 

MN Trading Capital Founder Michael van de Poppe believes BTC is unlikely to fall despite US military action against Venezuela. The analyst called such a scenario highly unlikely, stating, 

The flagship cryptocurrency generally experiences substantial volatility during periods of geopolitical risk and uncertainty. However, it has remained remarkably resilient and pushed upwards despite global headwinds, contrary to price action during Middle East and Russia-Ukraine tensions. Crypto analyst Tyler Hill agreed with Van de Poppe, stating, 

However, traders are looking to exchange order-book liquidity for clues about how BTC’s price may move in the short term. Crypto trader Daan Crypto Trades highlighted liquidity clusters in a post on X, 

According to analysts, if BTC clears $95,000, markets are in for a quick retest of the $100,000 level, a feat few expected after recent price struggles. However, recent weekly candle closes have led to “fakeouts” in both directions, liquidating nearby positions while failing to break out of their local range. 

Some analysts have warned of volatility once TradFi markets open and react to ongoing geopolitical tensions. Trading resource The Kobeissi Letter warned of rocky market conditions, particularly for oil. 

The trading resource also warned of rising pressure on gold markets, highlighting that Venezuela has the largest gold reserves among Latin American countries. 

BTC started the previous week in the red despite reaching an intraday high of $90,325, losing momentum, and settling at $87,110, down almost 1%. The price recovered on Tuesday, rising 1.48% to $88,397. However, selling pressure returned on Wednesday as BTC fell 1.02% to $87,497. Bullish sentiment returned on Thursday as the price rose 1.42% to $88,738. Buyers retained control on Friday as BTC rose 1.37% and settled at $89,957.

Source: TradingView

Price action remained positive over the weekend as BTC rose 0.71% on Saturday and 0.99% on Sunday to reclaim $90,000 and settle at $91,494. The flagship cryptocurrency is up 1.34% during the ongoing session, trading around $92,665. The RSI and MACD show clearly that bulls have the upper hand. BTC will attempt to clear the $95,000 mark should bullish sentiment persist. A break above this level could set up a retest of the $100,000 level.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.