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 –
BEARISH – S&P 500, GOLD, SILVER
3/10/26 Closing Prices:
BTC: $70,019.53 +2.4% (Tue-Tue)
ETH: $2,036.05 +2.7% (Tue-Tue)
Gold: $5,129 +2% (Tue-Tue)
S&P 500: 6,781.48 -.005% (Tue-Tue)
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Well, here we are in the second week of March. The Iran war is either; 1) complete (whatever that means) or; 2) spreading wider or; 3) getting ready to show the Iranians they ain’t seen nothing yet or; 4) just a passing fancy. Trump said we win, he doesn’t like the new leader of Iran so he should surrender. Sounds good even if it’s confusing. BUT, has anyone told the Iranians?
I bring all that up because the financial markets don’t care. Or, at least until they do. Nothing seems to matter as more and more investors buy the dip and dream of huge profits awaiting them just around the corner. OK then.
Meanwhile back to reality, there is still a partial government shutdown. Those unpaid TSA security agents at the airports will be getting cranky soon. Oh, the inflation numbers keep moving up too. Affordability? Forget about it. These are real issues being overlooked.
So, OK, I did my chicken little “sky is falling” pitch. Maybe it is, maybe it isn’t. But slowly the S&P 500 is hitting lower lows and lower highs. That’s not usually a good sign. HOWEVER, BITCOIN is looking much better. GOLD? Found a home here just above $5K? SILVER? It’s seen the highs for eternity.
Just like last week, if you trade don’t just “shoot.” Use some hedges or option strategies. If you are wrong (yeah I know, nobody ever is) you cut losses. Yes, you give up some potential gains but it is easier to sleep at night.
Like: I like back spreads on the S&P 500. Again, I use the BlackRock ETF…IBIT. Buy an above market call and sell an equal amount deep in the money call. Go out three months. Its a bear spread.
BITCOIN; I’m getting pretty bullish. Not rushing in but going along with the upside crawl. Buy upside call spreads, out at least three months. Buy a near the money call and sell an equal quantity of farther out calls. It’s a bull spread. Same with ETH but I prefer BTC.
GOLD; I’m a “watching bear” for now. I’m bearish but just staying cool.
REMEMBER, BAD NEWS IS BAD NEWS. WAR IS BAD NEWS. INFLATION IS BAD NEWS. GEOPOLITICAL ISSUES ARE BAD NEWS. DON’T GET FOOLED…….AGAIN.
S&P 500…..Hedged Short
GOLD…..Bearish
BITCOIN…..Bullish
ETH…..Bullish
2026 TARGETS:
- BITCOIN 2026………..
- ETH 2026………………
- GOLD 2026……………..
- S&P 500 2026………….Down 10% on a pullback….then????
Current trading positions:
- BITCOIN…….Slightly Long
- ETH….NONE
- GOLD….NONE
- S&P 500….HEDGED SHORT
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.
