Bitcoin 'widespread correction' unlikely after US strike on Venezuela: Analyst

With the recent US military strike on Venezuela, attention has turned to its potential impact on Bitcoin (BTC) prices. According to a crypto analyst, the chances of a significant downturn in Bitcoin following this attack are 'relatively slim.' This perspective stems from the idea that geopolitical risks have a limited effect on the crypto market. Historical data indicates that Bitcoin has generally maintained stability during similar events. However, market volatility is always a factor, and investors should remain vigilant. Particularly, as geopolitical tensions rise, the psychology of investors may shift, becoming a key issue moving forward. The critical question will be whether Bitcoin can maintain its support levels, although no clear buy or sell signals are currently evident.