That is cool thing how price of Bitcoin sometimes did not seem to follow what was happening with US presidents. It is true that Bitcoin acts more like its own thing not always going up or down with usual stock market or based on what politicians say.
Your idea about how Biden did not talk much about Bitcoin and then its price went up like it was not stock, makes sense. It shows that sometimes basic reasons why people want Bitcoin and more people starting to use it can be more important than what politicians are saying.
It is possible that if he had put taxes on imports and made things uncertain more people might have bought Bitcoin as safer place for their money instead of regular money. But like you said the way Trump talked about Bitcoin during election might have changed things. Maybe people sold their Bitcoin because they were unsure or did not like what he said. It shows that what politicians say and complicated world of cryptocurrency can affect each other in surprising ways.

You need to wait till ending of his four-year presidency to conclude, now it is too early for a conclusion. Increase in 2024 year has effects from Trump too.

Year	Change	High	Low	USA President
_________	______________	___________	_________	_____________________
2025	-6.56%	$108,824	$74,652	Donald Trump
2024	+121%.1%	$108,086	$38,595	Joe Biden
2023	+155.4%	$44,746	$16,504	Joe Biden
2022	-64.3%	$48,205	$15,521	Joe Biden
2021	+59.6%	$68,672	$28,621	Joe Biden
2020	+304.1%	$29,282	$4,010	Donald Trump
2019	+90.9%	$13,793	$3,380	Donald Trump
2018	-73.3%	$17,712	$3,201	Donald Trump
2017	+1,369%	$20,089	$755.76	Donald Trump
2016	+123.8%	$979.4	$354.91	Barack Obama
2015	+34.4%	$495.56	$171.51	Barack Obama
2014	-57.6%	$1,017	$289.3	Barack Obama
2013	+5,435%	$1,156	$11.75	Barack Obama
2012	+183.5%	$16.78	$3.81	Barack Obama
2011	+1,435%	$35.76	$0.257	Barack Obama
_________	______________	___________	_________	_____________________

Source: https://cryptorank.io/price/bitcoin/analytics

Very often, one cause has several consequences, and one consequence has several causes. Therefore, it is very difficult to trace the cause-and-effect relationship of various world events...

Donald Trump's demonstrative support for cryptocurrencies (and Bitcoin in particular) has led to the fact that his ideological opponents are beginning to oppose the adoption of Bitcoin and other cryptocurrencies. Including Bitcoin in the gold and foreign exchange reserves of all central banks is, in my opinion, a very rational idea. However, since Donald Trump was the first to voice it, many are now against such a measure. And this works against Bitcoin.

At the same time, Donald Trump's merit in the fact that in a short time the price of the first cryptocurrency reached 100,000 US dollars is also undeniable.

At the same time, we see that Bitcoin (unlike gold) does not demonstrate the characteristics of a protective asset. And this is largely due to the fact that the Donald Trump administration is trying to integrate Bitcoin into the modern financial system. At the same time, Bitcoin was initially an antagonist of the modern financial system.  And we all (rightly) expected the price of Bitcoin to rise in the context of the global economic crisis. However, this has not happened yet.

Overall, it is difficult to say for sure whether Donald Trump’s verbal interventions (as well as the specific actions of his administration) have a positive or negative impact on the development of Bitcoin and its price dynamics.

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. I do not know if that is a good sample size, but I do have a decent network in SF Bay Area, NYC, and LA and there aren't many left leaning people I know that have anything positive to say about crypto.

to them, $Trump = $BTC = $FARTCOIN

it's all the same to them. and the Trump and Melania meme coins really tempered expectations from both the left and the right imo.

the administration can't be taken seriously

Trump just used Bitcoin for political benefits. He claimed to be a crypto president because of selfish reasons. It is also suspected that his cronies are now using these tarriffs to enrich themselves. The uncertain economic conditions he had created is making investors to favour safe havens like gold and dumping risky assets such has cryptos. The global economy is in shock, so the price Bitcoin is now is not surprising. With the tarriffs war slowing down and the hope of interest rate reduction, the price of Bitcoin might keep increasing. But you are very right, Bitcoin don't need anybody to be successful. Without Trump, we would have still enjoyed a bountiful bull season.

Whether a government supports Bitcoin or not, there was no problem in the increase of Bitcoin price before, but currently the situation has reached a point where the price of Bitcoin increases or decreases based on what a president says or does. If something like this happens to the price of Bitcoin, it will definitely not be positive in the long run.

In my opinion, it is best to let Bitcoin move at its own way. The Biden government did not say anything directly about Bitcoin, which is why Bitcoin could move at its own pace and the price of Bitcoin would definitely increase with the change of time. But the Trump government has directly said that he supports Bitcoin. Because of this, some of its positive and negative aspects are also quite evident.

If Bitcoin can remain independent, then its constant growth can be expected, but when its price increases and decreases by some political figures, it will not be able to run at its own pace. The ideologies of political figures can change at any time, which is why it has the potential to have a major impact on the price of Bitcoin in some cases.

With or without Trump, let us know that bitcoin will remain an asset of increasing value. If Trump remain the president for the 4 years, know that bitcoin will still grow after a long period of time even without Trump. But I just did not like what happened some weeks ago that bitcoin fall. Bitcoin has always grown a little and almost reached $90000.

Let's not forget Trump played a key role in Bitcoin's ATH this year, so somehow we owe him some credit there. I get why some in crypto aren't thrilled with current market movements or Trump's policies, but personally, I'm not worried. The US may be influential, but they can't truly control this market. Bitcoin's decentralized nature will always prevail and it'll keep growing regardless of US policy changes.

We've seen worse crashes than this, and we always find someone or something to blame at the time, but eventually forget because Bitcoin always recovers. What was the price before Trump won the presidency anyway? And isn't the price still significantly higher now? Maybe we just expected too much, which is why we're quick to blame Trump for this current correction.

Think about it ..  despite massive dumps that sent Bitcoin down to $60k level, here we are recovering approaching $88k. that's clear progress, isn't it?

If we panic over this minor dip, how will we handle the bigger crashes that will inevitably come? That's just the nature of Bitcoin's volatility, unpredictable but historically resilient.