BiyaPay Analyst: Goldman Sachs Reissues Prediction, Chinese Stock Market Slowly Bullish, US Stock Market Mildly Bullish, Bitcoin Super Bullish

October 23rd. On October 22nd, Goldman Sachs released its global stock market forecast, presenting an optimistic outlook on the Chinese stock market, US stocks, and Bitcoin. Goldman Sachs anticipates that China A-shares and H-shares will increase by approximately 30% by the end of 2027, driven by a 12% compound annual growth rate (CAGR) in earnings and a 5%-10% valuation recovery, thus forming a "slow bull" market in the Chinese stock market. Factors such as policy friendliness, AI development, anti-"involution" policies, and corporate globalization will accelerate the growth of the Chinese stock market. Regarding the US stock market, on September 29th, Goldman Sachs raised its year-end target for the S&P 500 Index from 6600 points to 6800 points, expecting US stocks to maintain a "small bull" trend, with returns of 5% in the next 6 months and 8% in the next 12 months, which will drive the index to 7000 points and 7200 points respectively. Regarding Bitcoin, Goldman Sachs predicted on September 5th that the price of Bitcoin could reach $220,000 in the next 12 months, provided that the price of gold reaches $5,000 per ounce. Goldman Sachs pointed out that the historical correlation between gold and Bitcoin indicates that both may rise simultaneously, especially against the backdrop of Federal Reserve policy and a weak US dollar, forming a "super bull" market. BiyaPay analysts stated that in such a market environment, investors should adjust their strategies flexibly. BiyaPay provides various asset allocation and trading opportunities, supporting USDT for trading US stocks, Hong Kong stocks, and futures. BiyaPay assists investors in operating flexibly in volatile markets, providing zero-commission spot contract trading to enable users to participate in global asset allocation and trading opportunities at a lower cost.