I would say that bitcoin is only living it's natural behaviour. Bitcoin volatility has always happened and I still believe that whatever has happened happened as a self driven cum buyer speculation driven. Most buyers are too fearful and speculative, always analysing things that rarely exist.
Bitcoin is not a widely accumulated coin in the middle East and I feel they play not a larger part in bitcoin buying and selling. Even the retaliatory action of the US might not have had any role in it.
Then, on June 23, an Iranian nuclear plant was reportedly hit. Instead of another dip, BTC reacted bullishly - breaking the usual war-dip pattern. The following day, June 24, BTC continued to climb after former U.S. President Donald Trump called for a ceasefire, calming market fears and boosting risk appetite.
All these could be coincidence. How would a single hit on the Iranian nuclear based cause a spontaneous rise in bitcoin price?? Is that bitcoin's way of taking sides??
Speculation is a very big factor that drives the market during panic. Wars have been happening before now so it's not right to down play bitcoin features with what's happening in the middle east.