Trump's election is not good for Bitcoin's long-term prospects, as Trump's tariff policy will inevitably raise the US inflation rate.
It is important to note that the US economy is intertwined and deeply integrated with the global economy; the US cannot establish a completely localized supply chain that does not rely on imports.
If Trump wins, it is expected that the CPI (Consumer Price Index) data in May 2025 will rise significantly, and interest rates may be raised again in the second half of 2025, while the US dollar is also likely to strengthen.
All of these situations are considered super bearish factors for Bitcoin.
Initially, there may be a price increase for Bitcoin after Trump's victory; however, once inflation spirals out of control in the US due to Trump's tariff policy, Bitcoin will likely fall into a long-term bear market.