I'm not so sure the Bitcoin price will drop significantly as the war drags on. We do see the war's impact on price movements; the decline is there, but it doesn't seem to be deep enough. The war is still ongoing, but Bitcoin seems to be experiencing better performance.
If more countries were to participate in an open war, the impact would be even greater. It would certainly affect not only Bitcoin but also global economic stability.
Bitcoin is a long-term play if you understand that, always remember that turbulent world events are often good for it overall. I read an article today, veteran advisor Rick Edelman even said to weak hearted investor that not holding
cryptoBitcoin can be riskier than holding it now and he believes that an allocation of up to 40% makes sense for some investors. And this is not just hype, GlobalX predicts that Bitcoin could rise 45% to around $200K in the next year, driven by institutional ETF flows and its growing role as digital gold. So Bitcoin will reflect exact what we do, which is to keep buying ateast all over one cycle. Short-term declines happen, but the real winners are those who keep buying & hold on to it through the chaos.