It's "Buy the rumors, sell the news". The saying goes like this and we are witnessing how it works in the market.

Expectation on Trump effects shown months ago on the market, fear about his tariff and trade wars with many nations appeared months ago but now it is coming back. Positive expectation did not come back recently but fear did come back and triggered the market crash.

Bitcoin will recover, and it will continue its bullish growth in adoption and price. Trump will only be one piece in Bitcoin history, don't mind about him if you invest in bitcoin very long term.

You need to know and focus on this HODL map than on Trump.
https://hodl.camp/

There can never be a single factor or individual responsible for pump or dump of bitcoin as Bitcoin is way too bigger than these individuals or groups hence I don't think there was any impact on Bitcoin due to Trump and if that was the case we wouldn't have seen Bitcoin dropping down. To $94k today Trump is a joke as one day he will say he support bitcoin and other day he would say he don't. He is a businessman and will take calls depending on what's best for his business.

Trump's pro-crypto stance has certainly been a positive. Perhaps most importantly, he replaced the SEC's anti-crypto leadership with better people. This seems to be a bit under-appreciated -- e.g., banks no longer need to consider bitcoin a liability or a "pariah" holding, but are free to create crypto products on par with mainstream securities.

Unfortunately, all that was so 3 days ago. Short-term markets have a short attention span and forget easily. Tariffs are the new bugbear. Ergo, the weekend dump we've been enjoying. But the long term is the long term.

I would like to quote what I read a few days ago in Bitcoin Magazine,

People are less concerned with the creeping web of business relationships in the mining ecosystem, which is the bedrock of Bitcoin’s foundation of openness and censorship resistance, and more concerned with whether President Trump is going to just pump our bags, or pump the bags of shit-coiners too.

We are counting our chickens before they hatched.

You can read more here: https://bitcoinmagazine.com/takes/bitcoin-what-went-wrong

After Trump show, Bitcoin is down a lot and many people not expect to see this dip. But this dip can continue because some analyst predict that Bitcoin price can down to $75k. If that is happen, maybe some people will panic and don't know what they need to do.

I don't think too much about Trump because he can do many things after he becomes a President. He can change his plan anytime so we cannot still expecting him to be like before so that is why we must be ready for anything that can happen. We must make a back up plan to face any scenario that can happen.

Bitcoin is not dependent on Trump and it will not move according to anyone's predictions, just because experts predict that it could drop to $75k does not mean that it will definitely happen.



We need to realize that what he can do is create a friendly environment for bitcoin and the crypto industry to grow, not bring about a bull market because he doesn't have the power or ability to do that. The bull market is driven by many factors, Trump is not the only one and just because Trump is bullish on Bitcoin does not mean the price will always rise. Bitcoin is part of the economy and it will be affected by the economy more than any other factor. So expecting Trump to boost bitcoin prices is just a delusion of Trump fans.

It's part of the game, any macroeconomic movement moves the market, even more so on a weekend when volume drops and manipulation becomes easier, these robust drops usually recover in a few days, see this as an opportunity to buy cheaper... and another thing, we are in a bull run, but the market moves in waves, so it's normal. The important thing in all of this is to HODL and let time work

Did Trump ever promised us that he will impact or make the price of Bitcoin pump hard?, No I don't think so, and I can't remember reading anything like that incase he did. From what I know, his stance and support for Bitcoin before and during the election triggered the whole $100K thing, which is clearly how the market works, News and rumors.

But, I'm not really sure of what actually caused the recent dip. If it was actually caused by the "Trump signed executive order that imposes 25% tariff on imports from Mexico and Canada and 10% from China" as you've stated, then I don't think it was intentionally imposed to make Bitcoin dip. Just like ranochigo had, "Trumps policies are for Americans,  not for Bitcoin". Whatever orders Trump imposes is only meant to favor the people of America, and it doesn't matter if it affects others or not. It's quite unfortunate that Bitcoin and the crypto market is on the receiving end of his policies this time. I think those who had less expectations from him won't be surprise at all.

All of this is inseparable from the state agenda and it has been scheduled. I think there are many things that have made the market not rise because tomorrow there will be another event related to the FED-US Economic Outlock and bank regulation policies.

That is why the market is still not comfortable for us to see because those who have large capital also need supporting data so that their investment decisions do not make the wrong move.