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 1/28/25
BTC | ETH
Neutral for the week of 1/28/25
GOLD | S&P 500
Bearish for week of 1/28/25
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1/28/25 Closing Prices :
BTC: $101,946.39 | -4.4% | (Tue.-Tue.)
ETH: $3,130.08 | -5.7% | (Tue.-Tue.)
Gold: $2,733 | +0.08% | (Tue.-Tue.)
S&P 500: 6,067.70| +0.03% | (Tue.-Tue.)
Well, it’s been just a touch over a week after the inauguration of President Trump. How are you doing keeping up with the changes? Financial markets are spinning. “The Golden Age of America” is under way (?) but it’s going to be a rocky road. Just when you think you have an idea along comes…………DEEPSEEK. WTF.
Nobody knew about DEEPSEEK until Monday morning? If you are a bit paranoid (like me) you have to consider that the Chinese announced DEEPSEEK one week after Trump was inaugurated, tariffs are pending and TikTok was “seized.” So, was this brand new cheap AI company launched to destroy our AI industry? Maybe. I do enjoy being paranoid.
Meanwhile back to the financial markets. Confusion abounds. Inflation is still a problem. Interest rates are not going down any time soon. The premium of holding stocks over bonds is way to high (valuations) and a HUGE amount of uncertainty is running around. Not conducive to making new investments.
I think the big drop yesterday (Monday) was a “shot across the bow” and a big warning. I know “The Golden Age” is coming, buy before it does BUT be prepared for a very VERY large drop (better buying opportunity) in equities.
Now what?
BITCOIN. Steady as she goes. There are far more buyers than sellers. BUT, they don’t have to buy every day. AND, a huge majority of those buyers lock BTC up for a very long time. Supply gets less every month. Long term bullish.
ETH will tag along with BTC. Which means I’m bullish and $4,500 is a nice target.
GOLD. It always acts like it wants to go up, then you wake up and it drops fifty bucks. Interest rates are remaining high, oil may drop and take inflation down which is not good for GOLD. Also, should the U.S. actually sell GOLD and buy BITCOIN its not good for the shiny metal. However. I’ll just stay neutral for now.
S&P 500. I know people are wildly giddy about the new “Golden Age” (me too) but, come on, the rich valuations and downside risk outweigh the potential upside. Still, not being naive, I’ll just remain neutral for a while. Too much uncertainty.
END OF THE MONTH RALLY? MARK ‘EM UP.
2025 TARGETS:
- BITCOIN 2025……..$175,000
- ETH 2025…………$4,500
- GOLD 2025……….?
- S&P 500 2025……..?
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.
