Bitcoin is still widely seen as a speculative asset, so during the early stages of war or crisis, its price tends to fall along with other risk assets, but it may rebound as the situation evolves..
It is very natural that the prices of other currencies, including Bitcoin, are reduced due to war. Because Bitcoin has been legalized in the country where many people have gone ahead. And he is used as a state reserve. And if any reason is caused a war with another state, then economically a lot is damaged. He should be sell in Bitcoin and because of this effect Bitcoin begins to decline. Moreover, there are many citizens who had Bitcoin Hold and want to be economically self -sufficient.
@Trêvoid has said it all in a short and complete sense already, you are only confusing things with your unconstructive points. It is not about reserve or anything, but about the asset class. What asset class is Bitcoin? It is a risk-on asset, which will always depreciate during war.
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But now we have no thoughts, because the price of Bitcoin has survived between Iran and Israel's war.
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Don't be surprised, the market often reacts more to the start of such a war rather than to the continuation of the war, because many activities that would favour the asset might come into play in between to mitigate the effect of the war.