Bitcoin Approaches $92,000 Resistance as Market Reacts to Trump-Venezuela Clash
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 04 2026- Bitcoin Price Dynamics: Bitcoin is currently trading near $91,549, testing the $92,000–$94,000 resistance zone, with every attempt to break through since November failing, indicating strong market focus on this critical level.
- Ethereum Technical Challenges: Ethereum's price at $3,144 remains below its 200-day moving average and has struggled to reclaim the $3,500–$3,600 area, suggesting weakened bullish momentum and limiting future upside potential.
- Stable Market Reaction: Despite the clash between the Trump administration and Venezuela causing market fluctuations, trading in Bitcoin and Ethereum has remained relatively stable, reflecting investor focus on support and resistance levels rather than panic selling.
- Uncertain Future Trends: If Bitcoin breaks through $92,000 and holds above, it could quickly approach the psychological $100,000 level, but if it fails again, it may face risks of retreating below $90,000.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
