The reality is, it didn't go up because of trump, never was the reason it went up, and it doesn't go down because of trump neither, he is unimportant.
For people to acknowledge the fact that bitcoin did not go down because of Trump, they have to admit that bitcoin also didn’t go up because of Trump which is a lot of people are not willing to admit. I remember that a lot of people had so much expectations and trust on Trump during his campaign but look at us now.
but even if he didn't get elected, it would have gone up anyways.
A lot of people are having a hard time getting this. Bitcoin has been fine even before Trump was on our side.
Trump pushes narratives.
He also pushes the confidence / fear metric in the investors' eyes, on the broader markets as well.
And they, in turn, affect crypto market.