The Bitcoin rally sparked by Trump’s election victory reflected more than just enthusiasm for digital assets—it was a direct response to the economic and political uncertainty his leadership represents. As we approach year-end, the stall in Bitcoin’s momentum might be signaling the market’s digestion of these events. Factors like the Federal Reserve’s policy direction, evolving regulatory landscapes, and a shift in institutional appetite for riskier assets are playing crucial roles. While some view this as a cooling period, others argue it’s a necessary consolidation phase. Bitcoin's true test will be whether it can break out of this stall to redefine its narrative beyond being a hedge against political instability. Long-term adoption and utility could drive the next wave, but for now, the market seems to be holding its breath.
