Before all this whole event took place, Bitcoin is already headed downwards, so what this whole issues did to the market is that, it helped in pushing the price further lower but the won't change the overall direction.. News event can only spike the price and movement of a trend in a particular direction and I don't think it will change the overall direction, hence the price of Bitcoin should have pushed further downwards than where it's right now due to all this uncertainty.
That's right, before the war the bitcoin price had dropped and was almost below $30k, it seems that any event didn't have much effect on bitcoin, the bigger thing than the war of course was the Covid pandemic that happened in almost all countries, what happened was bitcoin skyrocketed.