Bitcoin enthusiasts have been nervously watching the market since Donald Trump waddled back into the White House. Initially, there was a spark of optimism in the air-a glimmer of hope that Trump’s win would usher in a wave of prosperity for the crypto world. But alas, that optimism was as fleeting as a summer breeze. The bullish excitement was quickly replaced with the cold, harsh winds of reality-Trump’s policies.
Bitcoin Price Struggles Early In Trump’s Term: A Slow Slide Into Despair
In the first 40 days of Trump’s presidency, Bitcoin stumbled out of the gate like a toddler on a sugar high. It fell below the 0% mark almost immediately and kept sliding downward like it had a personal vendetta against the bulls. First, it dipped to -10%, and then it plunged to -20%. All this chaos was set off by Trump’s tariff announcements, making the market feel like it had been kicked in the teeth-despite Trump’s claims of being “pro-crypto.” Apparently, words and policies don’t always go hand-in-hand.
Instead of a quick bounce-back, Bitcoin seemed to get stuck in the mud for weeks, much like your favorite uncle after one too many holiday dinners. For nearly 50 days, it bounced around between -10% and -20%, showing a market that was clearly uncertain, lacking confidence, and utterly devoid of upward momentum. There were brief flickers of hope, but none of them amounted to anything substantial. Just little flashes of light in an otherwise dull and dreary landscape.
By the time Day 100 rolled around, the market still looked as confused as a dog at a squirrel convention. There were some minor recoveries, each time getting tantalizingly close to the neutral line, only to fall back down again. The chart’s erratic swings around the 0% line screamed that the market wasn’t ready to make any bold moves-just a lot of hesitation and self-doubt.
A Glimmer of Hope, Then Back to Reality: A Mid-Term Recovery That Never Was
Then came the magical moment. For a brief moment in time, Bitcoin managed to claw its way back. As the trade wars started to simmer down, Bitcoin hit a new all-time high above $126,000. But like all good things in life, it didn’t last. The US government shutdown swooped in like a grim reaper, knocking the market back down again, faster than you can say “crypto crash.”
Fast forward to today. The shutdown’s over. Trump’s announced a $2,000 rebate check for Americans (how generous). The government is back in business, and yet, Bitcoin continues to struggle like a fish out of water. It’s now below the $100,000 mark for the second time this month. Once again, the market sentiment has plummeted, leaving traders scratching their heads, wondering what went wrong.
So what does all this tell us? Well, based on the data, it seems like Bitcoin has been moving in a cautious, almost sluggish market environment since Trump took office. The price has been weak, dipping in and out of negative territory, with short-lived recoveries that quickly faded into oblivion. No clear upward trend has emerged over 300 days. Instead, we’ve seen periods of despair, hope, and disappointment, like the emotional rollercoaster you’d expect from a reality TV show.
The market feels like it’s stuck in limbo-dominated by uncertainty, caution, and a distinct lack of risk-taking. With Bitcoin trading about 20% below its all-time high, it’s clear that the growth many were expecting is simply not materializing. Without a major catalyst to ignite the market, we’re likely to keep seeing this slow and uncertain trend continue. Oh, the joys of the crypto world! 😅
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2025-11-15 00:19