Veteran cryptocurrency trader The Crypto Dog recently said that the cryptocurrency market is unlikely to experience significant volatility before President-elect Trump takes office on January 20. He speculates that this political event could be a key trigger for renewed bullish momentum in the cryptocurrency market. He believes that bitcoin and counterfeit products are likely to remain stagnant ahead of the inauguration, similar to market behavior in previous election cycles. According to its analysis, historical patterns suggest that bitcoin tends to rise after a new US president takes office. In 2021, shortly after President Biden's inauguration, bitcoin rose by more than 100%. Similarly, bitcoin saw a major breakthrough around the inauguration in 2017. Despite these observations, The Crypto Dog acknowledges that his predictions could be overturned if the stock market (especially the Standard & Poor 500) continues to rise. It emphasizes that there has been a strong correlation between bitcoin and traditional markets since the launch of the Bitcoin ETF, suggesting that continued stock market strength could lead to a more optimistic outlook for cryptocurrencies in January.