$BTC o Israel-Iran conflict tends to affect Bitcoin mainly in two ways:

* In the short term: Generating volatility and price drops due to risk aversion, as BTC is seen as a riskier asset in uncertain scenarios.

* In extreme or long-term scenarios: There may be a debate and possibly an increasing perception of Bitcoin as a safe-haven asset (similar to gold) if geopolitical instability deepens and seriously undermines confidence in traditional financial systems. However, the immediate reaction is devaluation.

The key for Bitcoin in this scenario is to observe the next steps of the conflict. An escalation may continue to pressure the price downward, while a de-escalation or signs of containment may allow BTC to recover.