The war had affected the price of the bitcoin a lot,the value of the bitcoin was reduced from 65k dollars.After the huge period,the price of bitcoin was reduced below the 40k dollars.This is best time to inverse the money in bitcoin.With a short period of time,the price of bitcoin will increase back to 50k dollars.So hold your bitcoin or buy maximum amount of bitcoin now.
it could be that the war has affected it so that there is a decrease in the price of bitcoin. but would it be the same if it weren't for Russia? because we know that Russia is indeed a very large crypto user and maybe it will indeed affect the state of bitcoin because of the sentiment due to the war.
due to the decline that occurred, it is clearly very profitable for those who will indeed invest, because there will be an increase again after that, because sentiment can also change.
I don't believe that the war has much to do with cryptocurrencies, however, the market has been quite depressing the past two months due to the ongoing crisis. Since the stock market and cryptocurrencies do share some kind of correlation between them, it's expected that crypto won't thrive till the situation improves.
Of course, there will be a lot of analysis that might be different, I think that is a pretty normal thing, everyone will have an analysis that could be true.
as you said that the market decline was due to the crisis that had taken place previously, this of course will obviously affect the movement of bitcoin as well.
two different things but actually all will be affected by the situation to the movement of bitcoin and it is unavoidable. now is waiting where bitcoin will return to the better and i hope bull market will happen soon, at least when entering the beginning of Q2, will it really happen? we are waiting for that.