There are signs that the Isreal and Iran war is winding down and may be brought to an end very soon since both sides have flexed their muscles and have realized that the war can be dragged on for years if they refuse to tone down. If that happens, then bitcoin will have no known reason to continue to dump instead there will be sharp increase in the price because the war was what caused the dump. Therefore, we may be at the best time to buy more bitcoin now than ever before.
The way the Israel Iran war escalated, there was a time when there could have been massive destruction. The fact that they have now agreed to a ceasefire is a relief, and the impact on the markets has been seen since the ceasefire.
But I saw the market differently because yesterday when Iran attacked the US base in Qatar, the market was dumped, but the market is recovering from that. The ceasefire is definitely positive news for the market because if this war had lasted longer, it would have affected not only the crypto market, but also the economic situation around the world.