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He could be the one that might push this Bitcoin rally to $100k or higher this year and to the next year. But not going to be easy and there could be a lot of surprises a long the way. The Trump campaign will take months, election is on November, so there could be news that will push the price again or market just really going up because of the economics of Bitcoin, law of supply and demand.
One piece of news could change things suddenly in the near future. It could be a positive change or a negative change. Don’t be surprised.
It’s possible that Donald Trump’s campaign could be a factor in driving the price of Bitcoin up, but it’s not the key factor, although at this moment in time the percentage of buying could increase, plus the current position of the price chart is pointing down to 3.20% in the last hour. This would be a buying opportunity.
Election is still in November, so anything can happen, although we might have to agree that Trump has been using Bitcoin in his favor and then we have a good spike in the price, reaching as high as $70k. But it's not an assurance, or at least we didn't see the price maintained that level as we have been dragged and go to $50k. The good news is that we have recovered to $57k, and I do agree that every dip should be taken as a opportunity to buy more. So good for those who have bought already and for sure they are looking at their portfolio, full as we might have to go and try to reach $60k'ish again.