Bitcoin Price Surges Toward $125k Amid Citi's Boosted S&P 500 Forecast and Rising Fear and Greed Index.

Bitcoin price surged to a multi-week high of $122,230, up 65% from April lows. Analysts at Citi boosted their S&P 500 forecast to 6,600, citing tax cuts and strong earnings growth. The crypto fear and greed index jumped to the greed zone, and spot Bitcoin ETFs saw net inflows of $54.4 billion since inception. BTC price technical analysis suggests a bullish setup, with a potential break above the all-time high of $123,200 and a target of $125,000.

Bitcoin (BTC) price surged to a multi-week high of $122,230 on Monday, up 65% from its April lows. This remarkable rebound was driven by a combination of factors, including a positive regulatory environment and strong institutional interest in the cryptocurrency. The move comes on the heels of an executive order from U.S. President Donald Trump allowing retirement funds to invest in the crypto sector, which has opened the door to new sources of institutional buying [1].

The crypto fear and greed index, which measures market sentiment, jumped into the greed zone, indicating a highly bullish sentiment among investors. Additionally, spot Bitcoin ETFs have seen net inflows of $54.4 billion since their inception, demonstrating growing interest from institutional investors [2].

Analysts at Citi have also boosted their S&P 500 forecast to 6,600, citing tax cuts and strong earnings growth as key drivers. This positive outlook on traditional markets has spilled over into the crypto space, further fueling the rally in Bitcoin prices [3].

Technical analysis of Bitcoin’s price action suggests a bullish setup, with the potential for a break above the all-time high of $123,200. Analysts are targeting a price of $125,000 as the next significant milestone, driven by the combination of regulatory support and strong institutional demand [1].

Despite the recent surge, market watchers remain cautious, noting that a significant portion of the gains came during the low-liquidity weekend period. This raises questions about the sustainability of current price levels. However, the positive regulatory developments and growing institutional interest are likely to provide continued support for Bitcoin prices in the near term [1].

References:
[1] https://www.investing.com/news/cryptocurrency-news/bitcoin-price-today-surges-to-122k-near-record-high-on-us-regulatory-cheer-4181792
[2] https://bitzo.com/2025/08/bitcoin-price-analysis-btc-reclaims-116000-as-markets-recover
[3] https://www.inkl.com/news/is-the-market-missing-bank-of-america-s-strong-earnings-growth