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
3/17/26 Closing Prices:
BTC: $74,681.96 +6.7% (Tue-Tue)
ETH: $2,331.50 +14.5% (Tue-Tue)
Gold: $4,931 -3.9% (Tue-Tue)
S&P 500: 6,716.09 -1% (Tue-Tue)
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HAPPY ST PATRICK DAY. Yup, writing this on St Pat’s Day. It fits because I’m sure a whole lot of bullish investors are out looking for the pot of gold (stocks, metals, etc). Good luck and go easy on the green beer.
Spoiler alert; I’m bearish. Why? About a month or so ago there was a very meaningful change in market psychology. The mood change went from everything looks great to a lot of hesitation and uncertainty. In other words, the party is winding down. Oh the dip buyers are still active BUT the bulge sellers outnumber them.
The S&P 500 is consistently making lower highs on rallies AND consistently making lower lows. FYI, that is not good. Gold and silver have seen the highs as well. Silver most definitely. In fact, your great grandchildren won’t ever see $100 silver.
Of course in any market there are pockets of opportunity. In this case it looks like that opportunity may be Bitcoin. It is moving higher, slowly for sure, but higher. As gold rolls over Bitcoin moves up. Don’t bet your whole house on it, but maybe just the garage. Don’t need the car anyway. Certainly there aren’t as many bulls out there right now on BTC.
There has not been any panic yet on the downside which means equities have not gone down enough….yet. That goes for metals too. So, sticking with what I have talked about lately, use hedged positions. Things are going to get “spicy.”
Example: Buy S&P 500 June/July 675 calls and sell deep in the money June/July 600 calls (equal amount) Same concept for GLD too.
Example 2: Bitcoin via the BlackRock ETF (IBIT). Buy June/July 45-50 calls and sell an equal amount of June/July 60-65 calls.
Bearish spread and a bullish spread. Take a long nap. See you next week.
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.
