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Bitcoin hits 94K as Venezuela emerges as mega holder

Bitcoin pushes to new 2026 highs while trading volume sinks to late 2023 levels. Intelligence estimates link Venezuela to more than 600,000 BTC, raising fresh supply and policy questions for you as a trader.

What we will talk about today...

Bitcoin hits 94K on lowest volume since late 2023

Venezuela tied to more than 600,000 Bitcoin

Bitcoin hits 94K on lowest volume since late 2023

Bitcoin pushes to a fresh yearly high while liquidity stays thin. You need to weigh price strength against weak spot activity.

  • [Fresh high]: BTC touched about 94,000 dollars, above the 50 day EMA and the 2025 yearly open near 93,500 dollars.

  • [Volume crash]: Glassnode reports aggregate crypto spot volume at the lowest level since late 2023, which signals limited participation behind the move.

  • [Short term setup]: Analyst Willy Woo expects a January pump as liquidity forms a local bottom, with thin order books increasing volatility risk.

“Short term, January still looks like a pump on thin liquidity,” said Willy Woo.

Wall Street Isn’t Warning You, But This Chart Might

Vanguard just projected public markets may return only 5% annually over the next decade. In a 2024 report, Goldman Sachs forecasted the S&P 500 may return just 3% annually for the same time frame—stats that put current valuations in the 7th percentile of history.

Translation? The gains we’ve seen over the past few years might not continue for quite a while.

Meanwhile, another asset class—almost entirely uncorrelated to the S&P 500 historically—has overall outpaced it for decades (1995-2024), according to Masterworks data.

Masterworks lets everyday investors invest in shares of multimillion-dollar artworks by legends like Banksy, Basquiat, and Picasso.

And they’re not just buying. They’re exiting—with net annualized returns like 17.6%, 17.8%, and 21.5% among their 23 sales.*

Wall Street won’t talk about this. But the wealthy already are. Shares in new offerings can sell quickly but…

*Past performance is not indicative of future returns. Important Reg A disclosures: masterworks.com/cd.

Venezuela tied to more than 600,000 Bitcoin

Intelligence estimates point to a huge sovereign BTC stash built through gold and oil flows. You should track how such holdings affect supply and policy risk.

  • [Hidden accumulation]: Reports estimate a 56 to 67 billion dollar Bitcoin position built since 2018 through gold swaps and sanctions workarounds.

  • [Gold and oil flows]: Around 2 billion dollars in gold proceeds converted near 5,000 dollars per BTC implies about 400,000 coins, with oil linked USDT activity adding another 10 to 15 billion dollars in crypto exposure.

  • [Holder ranking]: A stash above 600,000 BTC would place Venezuela among the largest known holders, near BlackRock and Strategy and far above the reported US government balance.

“A sovereign holder with more than 600,000 BTC changes long term supply dynamics,” said one analyst.

CAN YOU PREDICT THE PRICE?

Bitcoin Price Prediction for Tomorrow?🤔

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🚀Stay sharp. The path to $150K won't be linear🚀

This article is not financial advice. Market conditions can change rapidly, and past performance does not guarantee future results