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 – S&P 500, GOLD
BEARISH – ∅
10/28/25 Closing Prices:
BTC: $114,164.01 +2% (Tue-Tue)
ETH: $4,073.22 +1.55% (Tue-Tue)
Gold: $3,909 -3.5% (Tue-Tue)
S&P 500: 6,890.89 +2.3% (Tue-Tue)
Coming up on the end of the month… and Halloween.
Can’t possibly be scarier than these financial markets.
So, the word of the day is… UP.
Word of the past few days is… UP.
Word of the past few weeks is… UP ONLY.
That pretty well sums up the markets. Next?
Why are the markets constantly going up (bonds too)? Why not. I mean, everybody is buying, so everybody else should buy too. Inflation has “cooled” to 3%, and if you’re making 10% an hour or so being long, who cares about inflation? The Fed will announce tomorrow that it’s cutting interest rates by probably 25 basis points (don’t tell anybody, it’s a secret), so time to buy more, right?
Well… actually, it probably is right. It’s getting frothy.
I’m not sure anyone has a good handle on employment numbers. The government shutdown has put those numbers on hold. However, I’ve read about a lot of layoffs in several sectors but no big hiring. Maybe the Fed knows — maybe not.
The inflation numbers are… bad. Come on. We’re running 3% inflation and that’s good news?? Just because expectations were for 3.1% or 3.2% doesn’t make it good. It’s like your favorite football team losing a game by 30 points but it’s “really great” because you thought you’d lose by 40. Really?
But looking ahead — we’re at (or very close to) the point where it doesn’t matter what anyone thinks. It appears there’s going to be a buying climax. Like a volcano erupting. Boom. Everything blows sky high. The underlying rumblings are getting louder.
Maybe gold has had its “boom.” Great run-up and a huge buying climax. No more UP? I’ve been neutral, and I’ll remain neutral.
The S&P 500 just goes up. Doesn’t it get boring just watching that index go up? I don’t like boring, so I’ll just remain neutral.
Now, I do remain bullish on Bitcoin. Neutral on ETH. I believe BTC will have a huge upside “blow-off,” which will be spectacular. Right now, it’s going nowhere. I have no answer for that — scratching my bullish head.
HAPPY HALLOWEEN.
S&P 500…..Neutral
GOLD…..Neutral.
Bitcoin.….Bullish
ETH…..Bullish
2025 TARGETS:
- BITCOIN 2025………..?
- ETH 2025………………?
- GOLD 2025……………..?
- S&P 500 2025………….?
Current trading positions:
- BITCOIN…….LONG
- ETH….NONE
- GOLD….NONE
- S&P 500….NONE
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.
