$BTC It is likely that the formation of the "America Party" by Elon Musk and its focus on national debt will have a predominantly positive impact or, at the very least, support the fundamental narrative of Bitcoin in the long term.

* Short Term: There may be some initial volatility due to political uncertainty and speculation about the new party's policies. Specific statements from Musk regarding Bitcoin or crypto regulation may cause fluctuations.

* Medium and Long Term: The greatest impact would come from:

* Reinforcement of Bitcoin's Narrative as a Hedge: Musk's concerns about national debt align with the investment thesis of Bitcoin as an alternative to fiat currency.

* Potential for Favorable Policies: If the "America Party" advocates for a clearer and more innovative regulatory environment for cryptocurrencies.

* Increased Visibility and Debate: Musk's presence in the political arena will bring more attention to economic discussions that benefit the Bitcoin thesis.