The world's largest 'frying pan', Bitcoin is likely to rise! After major events such as the Russia-Ukraine conflict and the escalation of tensions in the Middle East, Bitcoin has averaged a 37% surge in the following 60 days!

It seems quite counterintuitive, right? Typically, during wars, everyone avoids risk by flocking to gold and the US dollar, so why would they rush into such a high-risk asset?

This indicates a few issues:

Is big capital really treating it as a 'vault'? Perhaps some 'smart money' thinks that instead of putting it in traditional assets that may be sanctioned or unstable in exchange rates, it’s better to diversify a portion into decentralized pools like Bitcoin.

Is it a 'vote of no confidence' in traditional finance? As geopolitical tensions escalate, people's concerns about central banks printing money recklessly and unreliable governments grow. The limited supply of Bitcoin, not being controlled by a single entity, instead becomes a kind of 'hedge'?

Is there a human tendency to gamble on the future? There might also be a gambler’s psychology at work, hoping for order after chaos and betting that new things (like crypto assets) can gain an advantage during a reshuffle of the world order.

A 37% average increase, occurring several times in three years, cannot be explained by coincidence. Although Bitcoin's volatility is still quite frightening, this indeed shows that in the face of extreme uncertainty, its 'digital gold' safe-haven attribute seems to be increasingly tested by more and more 'big players'.