Before the inauguration ceremony of President Donald Trump, the speculations and high expectations where very enticing, but rather we saw something totally different from our expectations (though people made good fortune out of it i.e TRUMP Coin). Before and after the inauguration, the price of Bitcoin only made a new ATH of $109k+ and has been dwindling around the $100k for days/weeks now. It seems the the resistance is very strong at the new ATH after it hit that price.
Indeed, there is a big hype before the the day of Trump's inauguration. But after the day, there is no longer a big hype anymore. The biggest price of Bitcoin is only $109k, people may feel disappointed with the price of Bitcoin. And people may be also not happy because Trump never say something good for Bitcoin at the inauguration day. The price has dropped below $100k yesterday, not sure it will drop again or increase in the next few days. Do you have an idea?
A politician will always look for a good or the very best means to use in achieving his target. He had a great effect during the election period and before the inauguration, it was not as bubbling as we expected after the inauguration day.
All that being said, President Trump has more pressing needs to fix in his country and around the world at large, so, I believe he will come to crypto currency along the line just with a matter of time.
The current price of Bitcoin is struggling, though will get it's ground along the line at least before the first 100 days of services.