Some investors were scared and lost their valuable assets due to the war situation. I forbade them but they were overly scared. This was my experience. I think investors who are afraid of losing capital make the mistake of selling. Bitcoin is far ahead of other assets in terms of recovering its value and has even gained the trust and confidence of investors. Investors are afraid of losing capital due to the negative impact of the global economy and the fear of inflation, so they try to keep their assets safe. That is why it is recommended to use discretionary income for Bitcoin accumulation. The amount of that is kept every week in this strategy will not affect you negatively due to the decrease/increase in price because you are already accumulation from discretionary income.
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Investors were not scared because of the war, you could say traders (short-term investors) were scared.

If that were the case, when the price of Bitcoin dropped to around $15,000 in late 2022, it would have been difficult for Bitcoin to recover from that point because investors would have been reluctant to invest in it due to the downward trend in the price of Bitcoin. I don't think those who are confident in Bitcoin are scared no matter how much the price of Bitcoin keeps falling.
They then take it as an opportunity to increase their Bitcoin portfolio.

Yesterday, when the price of Bitcoin dropped to around $100,000, I was talking to one of my older brothers about investing in Bitcoin, who has been investing in Bitcoin for a long time through the DAC method.
He said that he is not disappointed with this price drop, but he said that if the price of Bitcoin drops a little more, he would either hold some fiat currency that he had saved and wanted to invest in gold or buy Bitcoin.