Let's just say that Bitcoin in itself is still as decentralized as it has always been, but like every other currencies and assets in the world, Bitcoin's value is also subject to the happenings in and around the world, politics and economy are two of the major events that influences currencies and assets of which bitcoin is one of the world's asset, which means it's not left out.

Trump made some promises on how he and his government will ensure and contribute to the acceptance and adoption of bitcoin and cryptocurrencies in general in the US, and US being the world power and a country other countries look up to, Trump winning the election have sparked a new type of hope in the continues growth of bitcoin, this is why so many people are buying bitcoin believing in it even the more.

It's not directly tied to it, but it's affected by them.
 
They are the sparks that either ignite the Bull or the Bear. If it wasn't for Trump, something or someone else would do the same to the market, in my opinion.

The government has not been friendly to bitcoin but they are not too concerned about it either, they have ignored it and investors in the past. But as it gained more and more attention and became more popular, the government started to notice it and wanted to intervene. So I wouldn't take what happened in the past as a measure of the present and future, and think that bitcoin can still continue to grow if we have an unfriendly government.

This world belongs to governments and if we want bitcoin to become globally popular or become big or play an important role in the economy , it cannot be done without government permission .  That is why not only retail investors but most crypto companies expressed support for Trump in the recent election. Because they believe Trump will be more friendly and open to the crypto industry .

It's understandable to worry about Bitcoin's future with President Trump becoming president. However, Bitcoin is decentralized and has proven resilient against regulatory changes. While there are rumors about Trump and Elon Musk promoting a new cryptocurrency, be cautious—these could be misinformation or scams. Bitcoin's recent price increase is due to various factors, not just the election outcome. Overall, Bitcoin doesn't appear to be in trouble, but it's important to stay informed and be wary of unverified claims.

I am pretty sure that it will be decent, not really expecting anything big from this at all. I understand why it may look like this, but at the end of the day it is going to be a decent one without a doubt. The real trick is that if we end up with Trump putting someone at SEC chair that is procrypto then we are going to benefit from this unlike anything we have seen so far. This is why we need to wait until all appointments are official before we make a big news out of this.

Furthermore, until January, he can't really do anything, he can just talk, but that's about it and nothing further, all he can do is just talk and that's it. It means that we are not going to see him change anything for a few more months. So give him time to get the position first, and then give him some time to make his moves, eventually, like six months after his taking position, he may actually do something good, or maybe he won't, but to know that, first we need to give him some time.

The truth is that Trump managed to please Bitcoin supporters during the campaign and with his victory the price is rising a lot, because people are convinced that at least they have a chance of seeing Bitcoin being more accepted by US regulators. It is true that he needs to create good laws about Bitcoin and these laws are created in the Senate. But if Trump continues to be pro-Bitcoin even in office as president and convinces the Senate not to be hostile to Bitcoin then we will have a healthier crypto market and Trump so far seems to be still fulfilling the things he promoted during the campaign, I say this because I see news about the appointments he is making. Now if Trump had lost, the price would certainly have fallen a lot.

Why?

I don't remember him saying anything that should worry bitcoin holders, on the contrary-he has been pro bitcoin/cryptocurrency in general. He was of course doing that just for the sake of votes and not because he actually supports bitcoin and everyuthing that it stands for so I see him as yet another useful idiot.

And what happened in this case is not a joke, because no one whould have thought about trump using bitcoin as way to run his campaign and it was a win win for the both of them and the moment trump started showing intrest in bitcoin everything changed and that is why people are still surprised but things like this are not new so you just have to accept it the way it is because it is not as if the increase is a bad thing this is like the people's moment and those thy have waited for a long won't have a choice than to want to make profit of what they have lost.

This shows that have patience is worth it, and people now will have their regrets starting from those that sold there before this time and those that did not even buy at all even after encouragement from different places and they still refused to buy it's no body's fault but there's when you tell people to buy bitcoin and hold they don't take it seriously.

But as it's happen now they will be in serious regret why they did not buy and hold even in this forum countless times they have made it a campaign buy and hold do DCA and the rest but people feel they are trying to make them lose money instead of getting money, all this is lack of understanding nothing else.

I do agree that it's no joke because Trump is a wild card of sorts - and we can expect anything from him.
But I hope the crypto space will benefit from him more than otherwise.