Welcome to our new streamlined format for Bitcoin vs Gold (and beyond) and look for additional changes over the coming weeks, including a new logo and more.
FintekNews compares the price of Bitcoin, Gold & Major Market Averages on a daily basis, and uses the Chicago Mercantile Exchange’s (CME) bitcoin indexes (BRR & BRTI) for bitcoin pricing.
8/17/17 Closing Prices:
Bitcoin: $4,460.35 (+$345.28) Gold: $1,287 (+$4.00) Dow Jones Industrials: 21,750.73 (-274.14) S&P 500: 2,430.01 (-38.10) Nasdaq Composite: 6,221.91 (-123.19)
CME CF Bitcoin Reference Rate & CME CF Bitcoin Real Time IndexTrading Summary Notes for Thursday, 8/17/2017
- Bitcoin leaps up to new all time highs.........again. Here comes $5,000
- Bitcoin's momentum is UP UP UP. So is the volatility
- The higher the price, the higher the volatility
- Gold looks ready to explode and go right through resistance at $1,300
- Traders can buy gold on dips against sell stop at $1,250
- Gold coming back in favor
- LONG TERM BULLISH ON BITCOIN & GOLD
Current TRADING Positions: LONG BITCOIN & LONG GOLD
NOTE
: Today marks one year of trading (see below) on FintekNews.UP +228.36%
Past Market:
Read our PRIOR daily commentaries on Bitcoin vs Gold here
See other content on bitcoin & digital currencies here