Trump being perceived as Bitcoin friendly was a way for these cultists to rationalize their idolization, but their support for him has little to do with Bitcoin.

Some people were genuinely duped or were motivated by blind greed, expecting the price of BTC to go to a million dollars. Without Strategy making massive purchases and a few other institutional buyers, Bitcoin’s price might be much lower.

Trump is still plenty popular with a large segment of the population, but if the economy keeps heading in a negative direction and dragging Bitcoin down, dissatisfaction will reach a point where even the blindly loyal Trump supporters have to acknowledge reality.