The reasons why war duly affects the price of bitcoin...from my understanding it's all countries war that can affect the price of Bitcoin from view, they are some countries that will be in battle and nobody will be worried about them,for instance, if country like USA, Russia is in battle it will affect bitcoin price immensely, because most of bitcoin investors comes from USA, so that's the reason price of bitcoin will collapse when USA is affected...the fight of Israel and Iran is not affecting bitcoin strongly due to, capital investors of bitcoin are not from there..actually the price of Bitcoin fluctuate even when theirs no war, talk more their is war between Israel and Iran, what I mean is that their's every possibility that the price of that's falling is not because of the fight.
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??
I have said it above that not all country crisis that can cause a reductions of price in bitcoin, it's differs from a country, in normal circumstances price of bitcoin can be retrace after it has experienced a lot price down falls, it doesn't necessarily means that it's a fight that contribute 100% of bitcoin down fall at this moment, sometimes bitcoin price falls unexpected and arises unexpected.