It's so notable that the price of Bitcoin is always affected whenever there is war among some notable countries in the world and this makes me to wonder why Bitcoin price is always impacted negatively by war. For instance, Bitcoin saw sharp declines during the 12-day Israel-Iran conflict, but prices rebounded after the announcement of a ceasefire.
What's your opinion on this??
The major conflict experienced by the two countries as you said has triggered panic among some Bitcoin holders so it is very natural that Bitcoin price experienced a decline for a few days before turning back to $108K again. This means that a war on a large scale can always have an impact on the market and also on assets that have been favored by many people, for example Bitcoin. So you have to understand this more wisely because what happened to Bitcoin in the past few days is a very natural thing.