Reported 2 days ago
Analyst Jason Pizzino has revised his outlook on the S&P 500, predicting a potential fall in the index during Q2 2025, which could also lead to a correction in Bitcoin due to the correlation between the two markets. He noted that the S&P 500 peaked between December 2024 and February 2025, began to decline in April, and may continue to face challenges in the coming months. Despite Bitcoin recently surpassing $100,000, Pizzino suggests it may also experience a downturn linked to stock market trends.
Source: YAHOO