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 was just thinking about that with today's price rise. That the price is rising in anticipation of Trump taking office, and that on Monday, even if he signs an executive order to buy bitcoin, the price will fall with the 'sell the news' effect. For those of us who invest for the long term, swings like these should be of little concern to us. I look at where the price is going to be at the end of 2025 and the end of 2035, among other dates. The short-termism of what happens today and Monday entertains me but doesn't affect me.