Bitcoin surged past $91,000 during weekend trading, adding $83 billion to crypto valuations while traditional markets remained closed. The timing raises questions about geopolitical catalysts.
Bitcoin surged past $91,000 during weekend trading, adding $83 billion to crypto valuations while traditional markets remained shuttered. The timing raises questions about geopolitical catalysts driving digital asset momentum.
The rally unfolded during a liquidity vacuum, with stock exchanges closed and limited trading activity across conventional financial instruments. According to BullTheory, on X, the digital asset climbed $2,500 from Venezuela attack lows, triggering $130 million in short liquidations within 12 hours.
BREAKING: Bitcoin has broken above $91,000 and it's now up $2,500 from the Venezuela attack lows. $83 billion has been added to the crypto market and $130 million in shorts were liquidated in the last 12 hours. This move happened while Traditional markets were closed.
The Venezuela situation potentially unlocked $17 trillion in oil reserves under U.S. control, creating unexpected optimism around American economic prospects. Critics warn this could represent a fake Sunday pump before traditional markets reassert control.
You might also like: Bitcoin's 2026 Mystery: Stuck Between Power and Panic
Critical Resistance Zone Tests November Highs
Bitcoin approaches a formidable barrier between $92,000 and $94,000 that has rejected price advances since November. According to TedPillows, on X, reclaiming this territory could accelerate momentum toward the psychological $100,000 milestone.
$BTC is now approaching its $92,000-$94,000 resistance zone. Since November, Bitcoin has been unable to reclaim this zone. If that happens, a rally towards the $100,000 level could happen really quickly.
The November failure to breach this zone preceded weeks of consolidation and declining volatility. Technical patterns suggest a decisive break would invalidate bearish structures that have capped gains throughout Q4 2024.
Must read: Bitcoin Breakout Looms: $80K Crash or $100K Moon?
Derivatives markets remain divided on directional conviction, with open interest climbing but funding rates staying neutral. This configuration typically precedes sharp moves as leveraged positions accumulate without clear bias.
Prediction Markets Flip Bullish on Six-Figure Target
Polymarket odds shifted dramatically toward higher Bitcoin price targets as real capital flows contradicted bearish sentiment. According to CryptosR_Us, on X, January's $100,000 probability jumped to 38% while $95,000 captured the highest likelihood.
POLYMARKET IS STARTING TO LEAN BULLISH ON BITCOIN. Traders are quietly shifting their bets. Odds of BTC tagging $100K in January just jumped to ~38%. $95K now has the highest probability on the board. Sub-$80K outcomes are getting priced out fast.
The prediction platform reflects actual wagering rather than survey opinions, providing insight into where sophisticated traders allocate funds. Sub-$80,000 scenarios lost credibility as downside scenarios got priced out rapidly.
Related: Schiff Claims Saylor's Bitcoin Strategy Destroyed 47.5% Value
Traditional equity markets open Monday, potentially validating or rejecting weekend crypto gains. Correlation between risk assets remains elevated, meaning stock performance could determine whether Bitcoin sustains levels above $91,000.
Also read: Bitcoin Liquidity Crisis Emerges as Year-End Trading Stalls
The intersection of geopolitical developments, technical resistance tests, and shifting prediction market probabilities creates a pivotal moment for digital assets entering 2026. Weekend moves often reverse when full liquidity returns, making Monday's session critical for confirming or negating the rally's legitimacy.
#Bitcoin #BTC #Cryptocurrency #BitcoinPrice #CryptoRally
Key Takeaways
- Bitcoin jumped $2,500 to break $91,000 while traditional markets stayed closed, adding $83 billion in market value
- Critical $92K-$94K resistance zone could trigger rapid acceleration to $100K if reclaimed after November failures
- Polymarket odds shifted to 38% for January $100K target as real money bets priced out sub-$80K scenarios
Stay updated on the latest cryptocurrency news on our homepage.
Explore more in Bitcoin News Category.
Related reading:
Key Topics
Crypto New Live
admin@cryptonewslive.org
Bitcoin Explodes $2,500 While Markets Sleep
Bitcoin surges past $91K during weekend trading, adding $83B to crypto as Venezuela developments spark unexpected rally while stocks remain closed.