Bitcoin Gold

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.

8/18/17 Closing Prices:

Bitcoin: $4,250.41 (-$209.94) Gold: $1,287 (-$0-) Dow Jones Industrials: 21,674.51 (-76.22) S&P 500: 2,425.55 (-4.46) Nasdaq Composite: 6,216.53 (-5.39)

CME CF Bitcoin Reference Rate & CME CF Bitcoin Real Time Index

Trading Summary Notes for Friday, 8/18/2017

  • Bitcoin stalls just shy of $4,500. Taking a bit of a rest
  • Profit taking not unexpected going into a weekend
  • Bitcoin’s momentum is UP UP UP
  • Gold hits $1,300 the top of resistance. Softens slightly
  • Gold looks ready to explode and go right through resistance at $1,300
  • Gold coming back in favor
  • Traders can buy gold on dips against sell stop at $1,250
  • LONG TERM BULLISH ON BITCOIN & GOLD

Current TRADING Positions: LONG BITCOIN & LONG GOLD

Past Market:

Read our PRIOR daily commentaries on Bitcoin vs Gold here

See other content on bitcoin & digital currencies here