War erupts in the Middle East between Iran and Israel — and Bitcoin crashes like dead weight. The truth is, Bitcoin isn’t a safe haven. It thrives only in calm markets, propped up by Tether-fueled speculation and artificial demand. Whenever real crises hit — whether it’s geopolitical conflict or a pandemic — Bitcoin is the first to nosedive. Expect the same when the next major recession hits, erasing its entire bull run in a flash.