OP, I got your point on that but then it has always been that way with the type of uncertainty and volatility Bitcoin showcases from time to time. For me, I've never been this certain of Bitcoin's bullishness now than in the past. With or without Donald Trump, Bitcoin will hit a fresh ATH that should see it heading above $200k (that's just my speculation, not a financial advice).
We saw how Bitcoin hit $108k on the day of Trump's swearing-in and thereafter, expectedly and quite understandably too, retraced. Of course, early investors have to continually find ways of taking profit. It's not a bad thing if that happens. Even as I type this now Bitcoin is at $88,500, making over $4k gains since yesterday. I expect some investors to still take profit and dump while more are waiting to buy up. It's the natural way the market regulates itself.
many of my well educated friends from Ivy leagues and Cal/Stanford, who also work in tech, will no longer touch BTC bc they think it means they are supporting Trump...
Well, to each what they think is best for them. I don't see why your friends will have a negative bias towards Bitcoin because they feel a president or someone else they don't admire is in its support. What level of education does that even show? They should be critical thinkers. At every point, adults should be able to use their discretion in doing things and not be swayed by what others think.