How does Bitcoin move during wars?

People think that Bitcoin always rises during crises… and that’s not accurate.

Let’s simplify the picture:

Scenario 1: Extreme fear

→ Selling in all markets

→ Bitcoin drops along with stocks

Scenario 2: Loss of trust in banks

→ People buy Bitcoin

→ Strong rise

Scenario 3: Economic sanctions

→ Using crypto for transfers

→ Increased demand

💡 Key point:

Bitcoin is not “digital gold” in a fixed way…

It transforms into that depending on the market's psychological state.