At first I thought that as long as conditions in Ukraine were not conducive the price of bitcoin would not increase but it turned out that all of this was wrong because lately the price of bitcoin has been able to rise drastically even though the war between Russia and Ukraine is not over yet. today the price of bitcoin went up very drastically and the price of bitcoin was back above $45k, most likely the price increase that occurred during the last week could be a sign that the bearish phase will end soon.
Well as I have noticed, bitcoin price and the war between the two countries have nothing to do with it. Bitcoin price will increase due to the demand and even there is a war, bitcoin was still useful to them and there are too many people using it, especially donating funds to Ukraine.
Now, bitcoin shows resistance and at the range of $45k in the market which is I believe will not down far at this price range that recently had. Let us wait the moment when bitcoin is on the bull trend and I think it is near to come.