Impact of External Conflicts on Bitcoin in Recent Years

Russia-Ukraine War: February 24, 2022
On the day of invasion and in the short term, BTC rapidly dropped from about $38,000 to a low of approximately $34,300, a daily decline of about 10%.
Although it was early in the bear market, Bitcoin rebounded to $48,000 within the following month.
Escalation of direct conflict between Iran and Israel: April 2024
Iran suddenly launched an attack on Israel, causing Bitcoin to fall from about $67,000 to $60,908, a short-term decline of around 8%.
Within the next month, Bitcoin quickly regained ground, rebounding to $71,000.
Today, Israel attacked Iran again, causing Bitcoin to drop from a low of $66,000 to $63,000, a decline of less than 5%.
And Bitcoin has already been in a bear market since May, so there’s really no need to panic now.
Every decline caused by external negative news is an opportunity for manipulation; the more Bitcoin drops at this level, the better to buy.
This analysis is only for spot trading; contract traders should not use it as a reference.