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Bitcoin History: An Overview of the Impact of Geopolitical Wars on Prices When geopolitical conflicts erupt, Bitcoin typically undergoes the classic pattern of "risk-off selling (short-term plunge) -> emotional digestion -> strong rebound." The following are the actual price fluctuations and rebound cycles during the three most representative regional wars in history involving Bitcoin: 1⃣ Russia-Ukraine War (Full-scale outbreak) Warring parties: Russia vs