Bitcoin May Need S&P 500 to Stay Above 7,000 - Bitcoin and the S&P 500 (SPX) on the same scale could augur greater 2026 downside reversion risk than upside potential. My graphic highlights the crypto (divided by 10) at about the same level as SPX on Feb. 10, with both hovering below $7,000. It seems unlikely that volatile and beta-dependent Bitcoin can stay above this threshold if beta doesn't. Inordinate burden is my key takeaway for SPX to remain lofty. Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/taak6ckip3oj {BI COMD} #bitcoin #stockmarket @markets(Mike McGlone)