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 – BITCOIN, ETH
NEUTRAL – GOLD, S&P 500
BEARISH – Ø
4/1/25 Closing Prices:
BTC: $85,030.19 -3.4% (Tue-Tue)
ETH: $1,907.15 -7.9% (Tue-Tue)
Gold: $3,082 +3.3% (Tue-Tue)
S&P 500: 5633.07 -2.5% (Tue-Tue)
Welcome to the second quarter of 2025. Time to wipe thoughts of the first quarter out of your head. It’s history. Time to look ahead and get prepared.
Problem. Tomorrow, the second day of the new quarter (April 2), has kind of a roadblock. Liberation Day. What the hell is Liberation Day? Since there has not been a Liberation Day before, it’s kind of hard to say. To be spot on, let’s call tomorrow TARIFF DAY.
OK, Tariff Day, here we come. Certainly tomorrow shouldn’t sneak up on anybody (if it does, it’s your day…..April Fools Day). What type of tariffs? How big (or small)? What target? BUT, the bigger question, what will be the responses and ramifications? NO ONE KNOWS.
It would seem that a whole lot of selling, or lightening up on positions, took place over the past few months. Does that mean any good news will be cause to get really bullish? Uh, no. Friday brings NFP (non farm payroll numbers) which may trigger recession talk. That’s a reason to not be bullish.
So, where does that leave us? My new word; stagnant. Looks like we drift around for a while as things sort out, but with a bias to the downside.
However, BITCOIN looks like the low $80K area is firm (good news) but it is struggling on the upside around $87-$88K (bad news). Should the overall market get bullish BITCOIN will attract buyers and the $90K region will be broken. Overall markets sell off and BITCOIN retreats. Long term bullish and patient.
ETH tags along with BTC. Enough said.
GOLD has had a record setting run. More to come? Maybe, maybe not. I’ll be neutral having not participated in this move (damn). The chatter is a good hunk of the buying has been from BITCOIN traders. Sure is a good thing they never change their minds (LOL). When they get out of GOLD and flock back to BITCOIN……….wow!
S&P 500. It trades up and down (sometimes sharply) digesting the economic and tariff news. Its got much further down to go. Short term trading rallies and sell offs for a while. Staying neutral (you know, stress management)
HAPPY APRIL FOOLS DAY AND BE CAREFUL. VOLATILITY IS BACK.
2025 TARGETS:
- BITCOIN 2025……..?
- ETH 2025…………?
- GOLD 2025……….?
- S&P 500 2025……..5,300
Current trading positions:
- BITCOIN….NONE
- ETH….NONE
- GOLD….NONE
- SHORT….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.
