I think Donald Trump made a mistake by introducing his memecoins into the picture as that's one of the reasons the market is not doing too well because many people lost to the whales that manipulated the price of that memecoins and there is not many money in the market again to help push the price of Bitcoin. The president would had used the opportunity that he had to talk good about Bitcoin and the price will increase making the whole market bullish and we will be having a bullish situation right now but because he choose memecoin to promote and the market has been falling after the memecoins did not have a long lasting success. But we can still see Bitcoin reach $150,000 mid year because this year is going to be bullish for Bitcoin.
We feel he made a mistake because none of us benefited from his memecoin. But on his part, if he intended to make money then I don't think he was wrong in creating memecoin because he made a lot of money from it.
TRUMP only has a market cap of a few billion dollars while bitcoin's market cap is nearly $2 trillion and liquidity is in the hundreds of billions of dollars, I don't think that's the reason why the whole market isn't doing well.
Trump is the president of the world's number 1 power, so his words and actions will impact the whole world, including bitcoin. But he is not the only factor that can affect bitcoin, we should stop depending or blaming him every time bitcoin is volatile. Bitcoin hitting $150k is inevitable and just a matter of time.