Personally, I do not believe that the Trump administration can change the usual Bitcoin cycle every four years, yes, some changes can occur in it, but to cancel this cycle completely, this is what I rule out.
There may be changes such as what is the peak price and also the bottom price, as I believe that we will not witness a big bottom this cycle, there will certainly be a decline, but it will not be a deep decline like the rest of the previous cycles.
As for those who believe that Bitcoin will remain on a permanent rise, this is unlikely, yes in the long run it has only one upward trend, but we must witness many corrections.