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 –
NEUTRAL – GOLD, BITCOIN, ETH
BEARISH – S&P 500
8/5/25 Closing Prices:
BTC: $113,624.48 -3.4%% (Tue-Tue)
ETH: $3,577.82 -5.2% (Tue-Tue)
Gold: $3,338 +1.7% (Tue-Tue)
S&P 500: 6,299.19 -1.1% (Tue-Tue)
First things first: Start getting hedges in place. Not a big rush, but don’t wait too long.
Here we go again. All last year, the monthly employment numbers were consistently overstated, and downward revisions were released quietly. Moving into 2025, employment numbers have again overstated the strength of the economy. Last week’s huge downward revisions were released “noisily” and triggered a market selloff. A sharp rally yesterday ensued and… here we are. What we have here is a failure to acknowledge that there are problems looming. Markets will come to realize that maybe some downside is on the way.
Don’t be late to see what’s right in front of you. Slow “leaking” of air is coming out of the markets.
Ironically BITCOIN seems to be leading the softness. ETH too. BTC has been trending down with a whole lot of good news and lot’s of bullish investors totally in. A shakeout looks to be looming. I’m long term bullish but I think its time to sit back, wait and just be neutral and wait for a better time to be invested. That goes for ETH too. Lets see if all these new investors can take some downside heat.
GOLD is a bit confusing. And, since I’m easily confused I’ll just be neutral. I have no idea here. Up and down by hundreds of dollars and here it is. No thank you.
Oh the S&P 500. Short. Or, at least ease into some short positions. Hedge if your not sure, but prepare for some sharp downside. Maybe this month but September and October have usually been littered with badly mangled bulls. I expect a 25% +/- decline. Hedges, don’t leave home without them.
S&P 500….Bearish
GOLD……Neutral
Bitcoin……Neutral
ETH…..Neutral
2025 TARGETS:
- BITCOIN 2025………..?
- ETH 2025………………?
- GOLD 2025……………..?
- S&P 500 2025………….Down 25%
Current trading positions:
- BITCOIN…….NONE
- ETH….NONE
- GOLD….NONE
- SHORT….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.
