Two news articles have just been heard, that Goldman Sachs lowered the S&P 500's target at the end of 2025 from 6,600 points to 6,200 points, and Barclays also lowered the S&P year-end from 6,600 points to 5,900 points. The main factors are concerns about the Federal Reserve's monetary policy and economic trends caused by U.S. inflation.
But it is interesting that the S&P 500 is currently less than 5,800 points. Even according to Barclays, there is a possibility of a rise, and the S&P's all-time high is 6,166.5 points on February 19, 2025.
If S&P can break through a new high, then there is a high probability that Bitcoin will have a chance. But it should be noted that the ultimate goal is the end of the year, and it is not ruled out that the interest rate cut at the end of the year may stimulate investors' risk appetite to increase.
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