By Bill Taylor, CEO / Digital Wealth News and AI & Finance
DISCLAIMER: The opinions expressed below are solely those of Bill Taylor & do not represent those of DWN or any affiliates. Any financial advice included here is for entertainment purposes only.
Bullish for week of 12/31/24
Neutral for the week of 12/31/24
Bearish for week of 12/31/24
12/31/24 Closing Prices :
BTC: $93,730.35 | -3.6% | (Tue-Tue)
ETH: $3,345.85 | -3% | (Tue-Tue)
Gold: $2,593 | +0.03% | (Tue-Tue)
S&P 500: 5,881.63| -2.6% | (Tue-Tue)
HAPPY NEW YEAR’S EVE AND THE END OF 2024. ALL GONE.
WELCOME 2025. LET’S SEE WHAT THIS YEAR BRINGS.
Do not expect the same results of this past year. Nope. That was a rarity. The new year is going to be a whole lot different. How? I don’t think anyone knows quite yet. I sure don’t.
Here’s an idea. Let’s wait a week or two and see what transpires. There is going to be a whole lot of uncertainty and just because a new president is sworn in doesn’t mean everything will become clear. The U.S. is going through a huge transformation…….some stuff good, some stuff bad.
So, before all the “experts” tell you where inflation will be, where interest rates will be, where the equity markets will be and who wins the Super Bowl this year, let’s settle back for a bit and just enjoy.
But, if you must have a prediction………….bitcoin will see prices you never imagined. Super bullish.
2024 TARGETS: I’ll reset next week or so for 2025.
- BITCOIN 2024……..$95K………..$125K-$130K
- ETH 2024…………$4,500
- GOLD 2024……….$4,000………now $3,000
- S&P 500 2024……..??????????
Current trading positions:
- LONG BITCOIN
- LONG ETH
- NEUTRAL GOLD
- NEUTRAL S&P 500
We compare the price of Bitcoin, Ethereum, Gold & the S&P 500. We use the CME Bitcoin Indexes (BRR & BRTI) and the CME Ethereum Indexes (ETH_RR_USD) & (ETH_RTI_USD) for reference as well as the London Bullion Market afternoon price settlement on the digital assets & gold.
Bill Taylor is CEO of Digital Wealth News. He is widely published & quoted in financial media and an international expert on markets and BTC, ETH, Gold & SP500.
His opinions are solely his own and for informative purposes only.
