Why are just discussing about the negative effects of Donald Trump's decision to invest in Bitcoin and not talk about the positive effects. Before the bullish run late last year till the beginning of this year, I don't think there are people who thought that Bitcoin will hit the current ATH. It was after he publicly endorsed Bitcoin and disclosed his interest in hugely investing in Bitcoin that the price suddenly began to experience unusual uptrend movement. I'm not disputing the fact that his involvement in Bitcoin is beginning to regulate the activities in the Bitcoin market but I think it's just a temporary impact that'll soon be a history. The bull run we all are anticipating isn't here yet and I strongly believe we all are gonna smile at the end when we bull run kicks off
What's more ridiculous is that many people deny that Trump is the catalyst that helped Bitcoin increase in price and reached ATH, they say it's due to the impact of halving and just a coincidence. Trump has no impact or influence on Bitcoin, Bitcoin is completely independent of politicians but many people blame Trump for the recent decline of Bitcoin. If Trump doesn't win and Kamala becomes president, I bet she'll be responsible for bitcoin's decline.
No one is at fault and if we want to blame, let us first blame ourselves for not being able to control our greed.
I don't know if the bull season is over but one thing I do know is that Bitcoin has gone up a lot and has hit ATHs in this cycle. If the bull season ends and we enter a bear market, that is normal because the market is unpredictable.