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, GOLD
NEUTRAL – ETH
BEARISH – 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.
4/22/25 Closing Prices:
BTC: $91,544.29 +8.9% (Tue-Tue)
ETH: $1,697.91 +5.7% (Tue-Tue)
Gold: $3,333 +4.4% (Tue-Tue)
S&P 500: 5,287.76 -2% (Tue-Tue)
A better picture is emerging. Not a great picture, but a better picture. Of course there could always be a different picture tomorrow. Welcome to the CRAZY financial world.
So, what is this “better picture?” It is a picture of a bear market in equities. The S&P 500 for sure. Not so in BITCOIN or (apparently) GOLD. Those two are breaking out to the upside (GOLD has….BITCOIN is just beginning). The big new talking point? CAPITAL OUTFLOW.
Tariffs are going to be around for longer than the administration first thought. The longer they are being tossed around, the propensity for some of the global nations to not feel they need to “re-negotiate” immediately emerges. China is NOT bending and is in fact going around and offering better deals to countries that first offered to cut a deal with the U.S. What now? China won’t bend and needs to “save face” in any negotiations. Trump will not back down and needs to make a strong point. Oh boy.
Which means, investors around the globe may want to just reduce their U.S. investment exposure. Better said – GET OUT. Which means, lower dollar. Which means, buy GOLD and BITCOIN. If the dollar becomes not the “go to” place any more we got a problem Which means; buy more GOLD and BITCOIN.
So, BITCOIN and GOLD are in a bull market with the S&P 500 going into a bear market. ETH is neutral and wandering around kind of lost. Interest rates (bond market) confused. Recession (gasp, depression), inflation, etc????? Which means; GET OUT of the U.S.
I have added BITCOIN and GOLD to the bullish category. ETH to neutral. S&P 500 to BEAR MARKET.
It’s gonna get ugly. You ain’t seen nothing yet.
2025 TARGETS:
- BITCOIN 2025……..NEW HIGHS
- ETH 2025…………?
- GOLD 2025……….?
- S&P 500 2025……..DOWN (4500?)
Current trading positions:
- BITCOIN….LONG
- ETH….NONE
- GOLD….LONG
- 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.
