Bitcoin briefly dropped to $60,300 but rebounded to $61,500 before settling at $60,230.Geopolitical tensions between Israel and Iran led to the steepest drop in Bitcoin's price in over a month.Market uncertainty prevails as there is a 43% chance of Israel striking back at Iran by the week's end.Bitcoin has historically shown resilience and recovery during geopolitical events and is expected to recover faster than other major assets.