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 – Ø
NEUTRAL – GOLD, S&P 500, BITCOIN, ETH
BEARISH – Ø
4/15/25 Closing Prices:
BTC: $84,071.84 +9.6% (Tue-Tue)
ETH: $1,607.06 +9.7% (Tue-Tue)
Gold: $3,192 +8.2% (Tue-Tue)
S&P 500: 5,396.63 +8.3% (Tue-Tue)
HAPPY TAX DAY. Yup, here in the good old USA this is the deadline day to pony up and make sure our super efficient government has enough money to keep up doing whatever they do. I personally put a note on our return requesting that our tax money NOT go for Dodo bird flying research on a South Pacific island. We will see.
It’s a short four day week. Financial markets will either close early this Thursday (bonds) or close altogether on Friday (Good Friday) for equities. Easter, Passover and religious holidays take center stage. The calm AFTER the storm?
Let’s be clear. Volatility will still be in play for a while. While the globe plays whack-a-tariff, fewer market participants will reduce liquidity and increase volatility. It’s gonna be crazy for quite a while.
I’m not changing much. NEUTRAL is the place to be. Getting whipsawed on each twist of news can be deadly. Right one day (hour), wrong one day (hour) leads to crankiness and irritation. Don’t need that.
However, should you want step into the churning mix, keep your risk under control.
GOLD and S&P 500. Totally neutral. GOLD has had a good run and it will not last. The S&P can, and will, swing around by 5-10% on a whim. Odds of catching every move is nil.
BITCOIN. On the 29th of the month Strategy (MSTR….MicroStrategy) announces earnings. A huge loss is expected due to it’s massive BTC holdings coming down. It is highly leveraged (no big news there) BUT if it were forced to sell off some BITCOIN…….well, let’s just say it would be bad. BITCOIN may tread water ’til those earnings come out. Watch MSTR for clues. I am turning slightly bullish but will keep a neutral rating. Just saying.
ETH. Neutral. It’s quiet money for a while since crypto in general is soft. It’s a risk off season for ETH.
NEXT WEEK THE FUN BEGINS AGAIN. YAHOO!
2025 TARGETS:
- BITCOIN 2025……..?
- ETH 2025…………?
- GOLD 2025……….?
- S&P 500 2025……..DOWN (4500?)
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.
