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.
well that is just not true these are not the only options for bitcoin in the next year know that many people give credit to trump and elon musk for bitcoin’s rising trend but it is not just completely thanks to them
you need to remember that even without trump or elon bitcoin would have still reached a new ath before this year ends and would still reach another ath next year as well people need more faith on bitcoin it’s decentralized and would never completely depend on one entity