I don't think that his other activities have anything to do with BTC. BTC is not yet big enough and important enough for him to make everything revolve around it. The most likely theory with the least assumptions is that BTC is just an innocent bystander, so it is a casualty of other policy decisions. But there is plenty to be optimistic about that too, there is always a good time. The BTC market is maturing at a speed that would not be possible without Trump's crazy moves. Eventually similar decisions will not have much impact on BTC at all. We have seen this with China bans, other tariffs, other wars and many things.
Trump advertised his own Presidential Campaign as Bitcoin friendly. There are enough people who will stupidly continue to believe the lie and do Trading based on his words thinking that any word of his will be some how related to Bitcoin. There was Q, there was the pro Bitcoin campaign, there was the Shit Coin family scam, there are enough signs I would say.
I don't understand people like you at all, can you please explain why you hold such a view? The Trump campaign was Bitcoin friendly, and they followed those promises by making the most beneficial policy changes around Bitcoin in the history of any president in the world except Nayib Bukele? It is weird to make this claim because even if many things that they tried were not perfect or some have not even yet been executed, there have been significant changes. Since the very beginning there was a working group for digital assets, and later it followed with different changes. For example there was a repeal of a regulatory rule which I don't remember the name to, but it discouraged banks from doing custody for crypto assets. Then the changes at the treasury with the idea to create a digital assets stockpile. The SEC became completely friendly towards Bitcoin and other cryptocurrencies. There was also the GENIUS act and they are fighting for the CLARITY act. Lastly, the big strategic reserve that has not been yet executed and may not happen. All of this is not Bitcoin friendly...?
Being Bitcoin friendly does not mean that every single policy decision has to be made thinking about what would happen to Bitcoin if they did that. If they ruled that way, their hands would be tied strong and other superpowers could beat the easily because many measures in trade wars or global issues would be off the table for Trump. It is not a perfect government, it is quite far from it but compared to previous administrations, the alternative with the Democrats and with many other governments in the world I think that they did a fair amount of things in their first less than 2 years..
I remember seeing a similar discussion from Fidelity digital markets on how printing money would affect Bitcoin, but unfortunately the charts & numbers are there for all to see that the metrics have shifted and this nolonger applies. If the Trump administration are still printing then probably not coming to Bitcoin as it's nolonger the prettiest girl on the market any more, probably this money is going towards AI,gold which happens to be the talk of town and makes sense as herd mentality shows itself again.
There is no money printing in the case that is being talked about here, please read the details of the situation and refrain from spreading false information. It does not have to correlate with M2 each time for printed money to be going to Bitcoin, liquidity has been very difficult for several years now and it still is.