Now people think otherwise because when there is tension in the war between Iran and Israel, some people will try to secure assets and their choice is bitcoin. Initially the price fell until bitcoin fell to $ 98K but in a short time bitcoin managed to recover and this happened because people's trust in bitcoin in hedging forced them to move assets to bitcoin.
The rapid increase that occurred in Bitcoin was indeed influenced by the increasing purchasing power when the price of Bitcoin was below $100K. And this has at least removed the panic conditions in some investors so that those who had panicked due to the decline in the price of Bitcoin have calmed down and can buy Bitcoin again as an investment asset. Now the conflict between the two countries has begun to subside and Bitcoin is still holding in the range of $106K to $107K which will make market conditions better.