The Taylor Report-Bitcoin vs Gold vs Ethereum (3/25/19)

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By Bill Taylor, Contributor/Fintek Capital We compare the price of Bitcoin, Ethereum, & Gold, using the CME Bitcoin Indexes (BRR & BRTI) and the CME Ethereum Indexes (ETH_RR_USD) & (ETH_RTI_USD) for reference. 3/25/19 Closing Prices:Bitcoin:  $3,961.05 (-$9.94) Ether:  $134.08 (-$1.65) Gold:  $1,322 (+$8.00) DJIA:  25,516.83 (+14.51) S&P 500:  2,798.36 (-2.35) Nasdaq Comp:  7,637.54 (-5.13) Trading Summary Notes for Monday, 3/25/2019

  • BITCOIN and ETH drifting around in extremely quiet trading. Interest is very subdued
  • BTC stalls at the $4,000 wall, then backs off a little. News that almost 95% of BITCOIN trading on unregulated exchanges is fictitious is a negative. Crack down coming?
  • End of the first quarter may bring in some BITCOIN and ETH weakness as positions (both winners and losers) are reduced
  • What can you say. GOLD, GOLD GOLD. A new bull market has begun
  • Stay the bullish course.   BITCOIN target $4,500;  ETH target $150;  GOLD $1,400
  • LONG TERM BULLISH ON BITCOIN, ETH AND GOLD 

Current trading positions; LONG BITCOIN, ETH AND GOLD


Bill Taylor is Managing Partner at Fintek Capital & a frequent contributor