Bitcoin Forecast: Will S&P 500 Rally Drive BTC to $300,000?

Crypto analyst PlanB predicts Bitcoin could reach a new all-time high of $300,000, driven by the potential for a significant rally in the stock market. He draws this prediction based on a regression graph showing Bitcoin’s historical price trajectory and correlating it with the S&P 500 performance. PlanB argues that if the S&P 500 gains momentum and hits 7,000 points by 2025, it could fuel a bullish trend for Bitcoin. He believes this would be driven by macroeconomic factors supporting both traditional stock market growth and cryptocurrency adoption.