In the past, whenever there was war or increased global instability, the price of Bitcoin would often fall, and people would often blame those factors for the decline in Bitcoin. But this time, bitcoin rose despite the outbreak of war between Iran and Israel and heightened tensions. Some people say that the war has caused Bitcoin’s price to rise.
Honestly, I'm quite confused. Are people gradually realizing the importance of bitcoin and starting to acknowledge it as a safe haven? Or is there something else driving Bitcoin's rise that we do not know about?
I would guess that it's falling right now as well, so not like people learned anything about it. Plus, not like Iranians would just go get some bitcoin to matter, like they can't be getting hundreds of billions of dollars worth of bitcoins, normal people do not have that much savings, so not like that is going to work.
So who would be buying? Americans? They are just waking up, going to work, coming home, watching tv, eating a burger and then sleeping, their life has not changed, so they have no reason to buy bitcoin.