At this point I think it's one of two options.
1- Trump and Musk start using government money to build a "strategic reserve", and the BTC price goes way beyond 350k.
2- They decide not to, and we enter a vicious bear market.
These are just the two main options for next year. But I don't think we will enter bear market just like that if Trump fails to keep his promise. The market will still grow but not to the extent if he kept his promise. Bitcoin had been experiencing price increases before the government and big companies started having interest. It has a system that cannot be distorted by any organization.