Since ever Donald Trump won the US presidential election, it's been a whole long ride for the bitcoin market especially with the fact that much earlier he did mentioned the fact that he was going to have a bitcoin reserve for the US government, one of which facilitated his victory.
could it be that Bitcoin has been Priced in Already?
He did not hide his intention months ago, so it is possibly that Buy the rumors, sell the news. Like Bitcoin Spot ETF rumors has its effects months before mass approvals in January 2024. After that, Bitcoin did not rise too much, like sell the news effect.
You can expect the same thing with Trump Inauguration day and its effect on Bitcoin price.
I see bright future for Bitcoin, but I don't count that day too much important on Bitcoin price in short term.