Bitcoin’s price has slid nearly 5% this week as US President Donald Trump’s pursuit for Greenland revived the “Sell America” trade. The top crypto plunged below $91,000 on Tuesday as the $3.2 trillion crypto market dropped 2.2%. Now analysts warn that the price could drop to $75,000 — or even lower. “While markets appear calm on the surface, macro risks are building,” Sean Dawson, research head at Derive.xyz, said in an investor note shared with DL News. “Rising geopolitical tensions between the US and ...

Market Overview - Bitcoin has experienced a decisive breakout above $92,000 at the start of 2026, with a 6.3% increase over the week and 1.7% in the past day, indicating a shift in market participation [1] - Approximately $255 million in leveraged positions have been liquidated due to Bitcoin's sustained uptrend, suggesting increased speculative activity [1] Exchange Flow Patterns - The average size of Bitcoin deposits to Binance has surged to 21.7 BTC per transaction in December 2025, a 34x increase from the 0.86 BTC average in early January 2024, indicating a notable change in exchange flow patterns [2] - This increase in average Bitcoin inflows to Binance suggests that larger holders are becoming more active, which is typically an early signal of renewed speculation rather than retail-driven noise [3] Geopolitical Influence - The renewed speculation in the Bitcoin market coincides with a significant macro event involving a U.S. military operation that captured Venezuela's President, Nicolás Maduro, injecting a "strategic frame" into the market [4] - Analysts have highlighted discussions around potential Venezuelan Bitcoin reserves and a disinflationary impulse from lower oil prices as factors aligning crypto with broader risk assets, suggesting a potential "regime shift" [5] Market Sentiment and Outlook - While the Venezuela incident does not have a direct impact on crypto prices, it contributes to a more uncertain geopolitical situation, which may trigger fear events impacting markets [6] - The consensus outlook for early 2026 remains measured, with analysts viewing the current move as a recalibration rather than the start of an unbounded rally, with major catalysts still on the horizon [6] - Analysts expect Bitcoin to remain range-bound but volatile in Q1, with market direction depending on ETF re-engagement and institutional strategies [7]