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
6/10/25 Closing Prices:
BTC: $109,790.01 +3.3% (Tue-Tue)
ETH: $2,773.41 +5.7% (Tue-Tue)
Gold: $3,290 -0.06% (Tue-Tue)
S&P 500: 6,038.81 +1.15% (Tue-Tue)
Almost right on schedule, it’s riot season (a/k/a summer) here in the U.S. Yup, ’tis time for all good protesters (mostly peaceful?) to gather up their masks and hit the streets. Beats being a lifeguard at the community pool, I guess.
But that’s not all that’s going on in the summertime. Tomorrow (6/11), the CPI (Consumer Price Index) will be out and inflation is supposed to tick up slightly. Should not be a big deal unless there is a huge outlier. Most everyone’s eyes are further down the calendar expecting interest rate easing.
The end of the first half of the year is only a few weeks away. Will the equity market be “marked up” (window dressed) to lock in performance? Maybe. Will bitcoin be “marked up” to new highs? Probably. Will all the riots have a big effect of financial markets? Most likely not (protesters are not big market players). And summer is about to be in full swing shortly. You can run around the pool and jump in, too. No Lifeguards.
So, what to do now other than watch the evening bonfires in the streets?
BITCOIN is on it’s way to, and through, new highs. Keep holding and enjoy the ride. VERY BULLISH.
ETH will tag along with BITCOIN and I’m neutral only because I like BTC better. Slightly bullish and ETH should have some upside.
GOLD. It’s gotten very volatile but with world events as they are, a GOLD position is certainly a good idea. Could see $4,500. Bullish.
S&P 500. Don’t know why the index is up “here.” I’ve been watching it go up and up. Missed it. Not gonna jump in now. I’ll be neutral with some shorting as a hedge against BITCOIN.
THE SUMMER OF 1987 WAS VERY SIMILAR. STOCKS MARCHED HIGHER AND HIGHER UNTIL…..OCTOBER SHOWED UP. THEN…….CRASH. A QUICK 25%. KEEP YOUR POWDER DRY BECAUSE CRASHING MARKETS ARE HUGELY PROFITABLE……AND FUN, IF YOU’RE SHORT.
2025 TARGETS:
- BITCOIN 2025……..$135K-$145K
- ETH 2025…………?
- GOLD 2025……….$4,500
- 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.
