Analyst PlanB forecasts that Bitcoin's price could rise significantly if the S&P 500 reaches 7,000 points. This opinion is based on an analysis of macroeconomic factors.
The Relationship Between Bitcoin and S&P 500
PlanB has established a correlation between the growth of the S&P 500 index and the price of Bitcoin. He suggests that an increase in the value of traditional financial assets could positively affect Bitcoin's price. If the S&P 500 reaches 7,000 points by 2025, this could serve as a foundational basis for Bitcoin to rise to $300,000.
> "S&P $7k = BTC $300k" > — PlanB (@100trillionUSD) May 20, 2025.
Impact of ETFs and Institutional Investors
Bitcoin faces resistance at the $105,000 level, yet market participants are anticipating its growth. Currently, Bitcoin is trading at $104,700.53, having increased by 2.1% in the last 24 hours. It is also noted that Bitcoin may form a 'golden cross,' which traditionally precedes a significant rise in its price.
Institutional interest in Bitcoin is rising, as evidenced by over $40 billion in inflows into exchange-traded funds (ETFs). This indicates increasing confidence from both institutional and retail investors.
Bitcoin's Prospects in the Coming Years
Considering the positive forecasts regarding the S&P 500 and the increased institutional interest in Bitcoin, its prospects look optimistic. If macroeconomic factors continue to support the financial market, Bitcoin may not only reach but exceed the mentioned milestones in the coming years.
Predictions for Bitcoin's growth depend on the overall condition of financial markets, particularly the behavior of the S&P 500. The influence of institutional investors and expectations for ETF growth may also be significant factors in reaching new heights for Bitcoin.
