Following military actions in Venezuela and the subsequent arrest of President Nicolás Maduro in the United States, Bitcoin’s price surged rapidly, once breaking through the $93,000 mark, attracting significant market attention. Many institutions believe that this rally is not accidental but the result of multiple factors resonating across macro, capital structure, and technical aspects. Matrixport summarizes three core reasons driving the Bitcoin rebound.
First is the completion of a “zeroing reset” in the market. Matrixport points out that since Q4 2025, the leverage in Bitcoin and Ethereum futures markets has decreased by nearly $30 billion. A large number of cautious or hesitant traders chose to exit at the beginning of the new year, causing a clear cooling of the market’s position structure. With low leverage and light positions, Bitcoin prices are more likely to follow natural trends, opening space for gains in 2026. This de-speculation process is seen as a key foundation for the current Bitcoin market.
The second key variable comes from Venezuela’s potential “shadow Bitcoin reserves.” Market intelligence indicates that Venezuela may have accumulated up to 600,000 Bitcoins by circumventing sanctions, a scale close to some large institutional holdings. With Maduro’s arrest, the ownership of these assets has become a focal point. If these Bitcoins are seized and frozen by the U.S. or even incorporated into the U.S. strategic Bitcoin reserves, it would directly reduce the circulating supply in the market, creating medium- to long-term bullish expectations for Bitcoin.
The third factor is a significant technical breakthrough for Bitcoin. The price has not only regained the 50-day and 200-day moving averages on the 4-hour chart and the 200-day exponential moving average but also saw 24-hour trading volume increase by over 40%, indicating active capital inflow. Analysts believe that as long as Bitcoin maintains its current range and continues to challenge the $94,000 resistance level, the short- to medium-term upward trend still has room to continue.
Overall, geopolitical conflicts, changes in supply expectations, and improvements in technical structure have jointly driven this Bitcoin rally, reinforcing its role as a safe haven and strategic asset in an uncertain global environment.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Cathie Wood's Ark Invest Dumps Meta, Nvidia and Bitcoin ETF Shares in Major Tech Sell-Off
In brief
Ark Invest parted with nearly $41 million in META and $26 million in NVDA shares on Thursday.
Cathie Wood's firm also dumped around $11 million worth of shares in its Bitcoin ETF.
The sales come amid a sustained market downturn as uncertainty in Iran shakes stocks and crypto.
Ar
Decrypt12m ago
In the past 24 hours, total liquidations across the entire network reached $378 million, with long liquidations accounting for more than 60%.
In the past 24 hours, the total liquidation amount across the cryptocurrency market reached $378 million, involving $239 million in long positions and $139 million in short positions. The number of liquidated traders reached 92,269, with $150 million and $124 million liquidated for BTC and ETH respectively, and the largest single liquidation was $9.8018 million.
GateNews16m ago
Bitcoin Price Outlook 2035: Bitcoin Everlight Analysts Project Growth Despite Current Market Volatility
Bitcoin price modeling is increasingly extending beyond near-term cycles as institutional frameworks treat Bitcoin as a long-duration asset. Forecasts reaching into 2035 coincide with a market environment shaped by post-ATH consolidation following the October 2025 peak near $126,000 and heightened s
CryptoPotato21m ago
Bitcoin hashrate posts first-quarter drop for first time in 6 years as miners pivot to AI
Bitcoin's hashrate dipped for the first time in six years, down 4% year-to-date amid economic challenges in mining. Miners are pivoting to AI for better returns, impacting decentralization and future growth, with forecasts suggesting a recovery if prices rise.
CoinDesk23m ago
When to Buy Bitcoin Next? Analyst Outlines Exact Entry Levels
Bitcoin dumped hard in early February, plunging to a 15-month low of $60,000. This meant that it had shed over 50% of its value since early October when it peaked at over $126,000.
Although it has recovered roughly 20% since that low and sits close to $72,000 now, there are still some analysts
CryptoPotato25m ago
