It is bad if Bitcoin can't double its old all time high, as it has never happen before but thankfully Trump came to the rescue, this crypto market period has proven that with the right candidate for Bitcoin thing can be speed up better, I quit on thinking that the government and centralised authorities have no power over Bitcoin, they do, either hate or love it creates big awareness.
The market cycle is repeating itself and that means the bull market would have continued even if Trump had not been elected, but with him being elected, things have happened faster and stronger.
Governments are the ones who control this world and they control the world's money flow, while bitcoin needs money to increase in value so it would be a mistake to think that they cannot influence bitcoin.
People needed someone like Trump to take over, the market was in complete fear and after he won the confidence was back, are you seeing what I am seeing? If trump failed to win it is possible that this 100k will be slowed down, it will eventually happen but probably not this period of time.
This is a big victory to all strong believers who held their Bitcoin all this time, congratulations.
But after all, Trump has not yet officially taken office and we do not know what his attitude towards bitcoin is. We need to wait for him to take office and what policies he will apply to crypto.