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
3/24/26 Closing Prices:
BTC: $69,451.67 -7% (Tue-Tue)
ETH: $2,119.96 -9.1% (Tue-Tue)
Gold: $4,340 -12% (Tue-Tue)
S&P 500: 6,556.37 -2.4% (Tue-Tue)
_________________________________________________________________
Well, here we are. Not much has changed since last week except the war is spreading larger (the Iran war……not Ukraine), financial markets have “discovered” that a war was really going on AND investors learned markets can (and do) go down. Hmmmm, I guess a lot HAS changed since last week.
What hasn’t changed is the investing landscape. Oh sure, massive short covering rallies do (and will) pop up, but that’s all they are. Brief “gotcha” rallies. When the talking heads come on television and tell you “gosh, with all the news the averages are ONLY 3% or so from the top its bullish.” OR, maybe the reality (and bad news) hasn’t shown up yet and there’s another 15%-20% downside coming. Don’t get fooled…..again.
If….IF…all is going well over in the Middle East why are we sending troops to the front? Getting more “allies” to help? Asking for more money? Maybe things will go well. Golly, Iran’s leaders (hey, I thought we killed them all) told Trump they don’t really want a nuclear weapon. Who, us? Come on, fake news.
The war begets inflation, slows economic growth, makes people hold off on spending and AND may make interest rates actually go up. Bullish? I got some nice downtown property in Tehran to sell you….cheap.
Here’s a quick thought. What do the prediction platform’s say about which one (Iran or Israel or U.S.) will use a nuke first? Let that sink in.
Same as I have been saying; Hedge. Don’t get run over with sneaky short covering rallies. Sell deep in the money call spreads on Gold, S&P 500. Nibble buying Bitcoin. If using options, go at least three months out Be able to sit and hold because when the sharp moves come…..its too late.
See you next week.
IS THAT AN ORANGE GLOW OVER IRAN, ISRAEL OR DUBAI I SEE?? WAIT FOR THE BOOM.
S&P 500…..Hedged Short
GOLD…..Bearish
BITCOIN…..Bullish
ETH…..Bullish
2026 TARGETS:
- BITCOIN 2026………..
- ETH 2026………………
- GOLD 2026……………..
- S&P 500 2026………….Down 15%-20% 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.
