What's with the question? Isn't it obvious? For the past week alone, Bitcoin grew 20%. Within the year, the price has already increased more than 100%. So, apparently, Bitcoin isn't in any kind of trouble. On the contrary, it is in its most bullish form. ATHs have been quickly shattered one after another.

Trump is pro-Bitcoin, at least in words. Whatever that means, or whether that's true or not, doesn't matter that much. That the next US president publicly expresses his support for Bitcoin is good enough assurance that adoption won't be hindered by strict, even inimical, regulatory policies. That has somehow made the overall sentiment extremely optimistic.

Forget about the crypto that Trump and Elon are associated with. It's either a scam or a shitcoin.