With Trump's election victory, will Bitcoin ride the wave of success to reach $75,000? The current price is $73,300.
... the day Bitcoin needs that to rise is the day we can announce Bitcoin's death.
Bitcoin ETF has opened bitcoin to larger funded organisations that now determine survival of btc outside cryptocurrency enthusiasts. Many factors now affect its survival and we now needs a government's favourable cryptocurrency environment for it to achieve the purpose it was created.
A pro Bitcoin government (like what we saw in El Salvador) and everything else under that category will definitely help but it is not necessary for "survival". They just contribute to the growth and help the adoption while Bitcoin can continue well without them.