A recent news however about a 10% increase in budget for defense is indirectly a wind behind the sail of Bitcoin, because those $54 billion dollars are going to come from thin air and then worsen the inflation dilemma the dollar is already having and then the race to Bitcoin as save haven would simply continue
Again, that remains to be seen
Trump has also said he is going to constrain as well as eventually diminish the US national debt, and he bragged just about that after a month of being the US president when the debt declined somewhat. Since the US budget deficit has been mostly financed via debt during the last years, a 10% increase in military spending basically means a cutdown in other expenditures (e.g. Social Security) if Donald is really going to curtail debt. But less debt means less dollars (i.e. higher value)