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 for week of 2/4/25
BTC | ETH
Neutral for the week of 2/4/25
GOLD | S&P 500
Bearish for week of 2/4/25
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2/4/25 Closing Prices :
BTC: $98,665.20 | -3.2% | (Tue.-Tue.)
ETH: $2,746.84 | -12.2% | (Tue.-Tue.)
Gold: $2,813 | +2.9% | (Tue.-Tue.)
S&P 500: 6,037.88| -0.05% | (Tue.-Tue.)
New month. Week three of President Trump’s administration. And, Valentines Day is coming up. Ignore at your own peril.
But first, DEEPSEEK is so last week. Yup, the panic over the Chinese AI site is done. Moving on, what changed? Well, DEEPSEEK created 1) a buying opportunity for Nvidia -OR- 2) a “warning” to lighten up on AI -OR- 3) yawn.
It’s very hard to be real bullish OR real bearish. With everything happening in Washington at the speed of light, it can be real easy to get blindsided by a new initiative. Certainly the S&P 500 (all equities for that matter) is/are very “pricey.” One piece of bad news and a huge selloff ensues. A lot of good news is already in the market. The “Golden Age of America” is coming but not this week.
Could it be there is a big misunderstanding in the gold market? When talking about the “Golden Age” I’m pretty sure its not about the precious metal. Nonetheless gold is on a run.
President Trump did just sign an executive order creating a sovereign wealth fund. That’s very good for bitcoin but a lot of that expectation is already discounted.
So what we have here is financial markets just sloshing around trying to figure it all out. Lots of very bullish potential and lots of potential bearishness.
My Thoughts…
BITCOIN is primed to go much higher. It continues to be acquired at ever higher prices. Right now BTC may be in a trading range between $95K and $105K as money moves into GOLD. Why? GOLD’S hot, BITCOIN’S…….not as hot. VERY bullish.
ETH. It’s being a bit left out currently. It will still be “chained” to the performance of BTC. Bullish.
GOLD. New all time highs. But how much is left? I admit I have been neutral and left out of this rally. I have preferred BITCOIN (still do) but hey, go GOLD, but I’ll stay neutral.
S&P 500. The index is a 50-50 risk reward. Not a good R-R. I’m staying warily on the sideline. Neutral.
SUPERBOWL PICK – KANSAS CITY GETS THREE IN A ROW. TAYLOR SWIFT-KELCE(?) TAKES CREDIT. NEVER BET AGAINST PAT MAHOMES.
2025 TARGETS:
- BITCOIN 2025……..$175,000
- ETH 2025…………$4,500
- GOLD 2025……….?
- S&P 500 2025……..?
Current trading positions:
- LONG BITCOIN
- LONG ETH
- NEUTRAL GOLD
- NEUTRAL 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.
