Corona virus effect on the price was in the form of a V, and the price quickly rebounded to traditional levels. The Russian-Ukrainian war did not affect the price directly, but it did not cause an effect in itself, but rather because of its effect on supply and demand.
There are decisions that affected the price, such as the Federal Reserve’s decision to raise interest rates, and the reason for its effect is that it affected the aspects of supply and demand. Therefore, any event that affects supply and demand will affect the price, and this makes Bitcoin a little distant from correlation with global variables.