The recent surge in Bitcoin's price is not solely driven by Donald Trump's election victory but also by a post-halving supply shock.The Bitcoin halving in April reduced block rewards, leading to a supply shock and increasing demand.Onchain analyst James Check predicts that Bitcoin, with its scarcity and strong holders, will continue to rise in value.American financier Anthony Scaramucci believes it is still early for Bitcoin and expects more countries and institutions to adopt it.