Over the past 30 years, the S&P 500 has continued to rise after reaching an ATH (All-Time High) in 13 out of 17 cases – gaining an average of +6.3% over the following six months. That is precisely what Wall Street bankers are pricing into their forecasts: between 7,900 and 8,100 points by the end of the year 🔼The story about the AI bubble being a major risk factor doesn't look convincing, as U.S. pre-tax corporate profits as a percentage of GDP have hit a record 14%. The numbers behind company stock growth may look bubble-like, but unlike in 2000, there is a solid underlying foundation in the form of hundreds of billions in investments and revenue. PrimeXBT.However, the S&P 500's path to 8,000 won't necessarily be a straight line. Here is what could go wrong:▶️ U.S. autumn congressional midterm/special elections, which traditionally trigger a market correction▶️ Escalation in the Middle East if the war spreads across the entire region. Today, Yemeni Houthis struck Saudi Arabia again▶️ A revaluation of the AI sector, despite strong revenues, Big Tech has issued $200 billion in debt bonds since the start of the year (double the amount for the whole of 2025)Where does BTC go in that scenario? If triggered, any of these factors could easily push the crypto market to a bottom below $55k. The subsequent resolution of these issues, however, could be the very positive catalyst that puts an end to the crypto winter 🤑