Venezuela’s Machado proposes selling oil for Bitcoin to build national reserve

María Corina Machado, Venezuela’s potential next leader, has proposed selling oil for Bitcoin to establish a national reserve. Bitcoin price prediction sub-markets for April sit at 100% YES across multiple contracts.

Machado’s proposal follows the capture of President Nicolás Maduro. The plan would use Venezuela’s oil revenue to accumulate a Bitcoin reserve, a direct restructuring of the country’s economic model around cryptocurrency. The Bitcoin price predictions in April hold at 100% YES across all active sub-markets.

Trading volume tells a different story than the unanimous sentiment. Actual USDC traded is $8,786, and the largest single-candle move in the last 24 hours was effectively zero. This points to thin liquidity: the consensus is bullish, but a single large trade could move the market significantly given how little capital is behind the current price.

At 100% YES, traders are pricing in Bitcoin strength as a near-certainty. The open question is whether Machado’s proposal can survive US sanctions and move beyond rhetoric. A YES share now pays out at 100¢, meaning there’s no return available at current prices.

Watch for US policy responses to the proposal and any official statements from Machado’s camp. These will determine whether the oil-for-Bitcoin plan becomes actual policy or stays an idea.

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