BITCOIN ADDS A “SMIDGE”-GOLD INCHES UP, TOO (7/31/17)

Bitcoin Gold

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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.

7/31/17 Closing Prices:

Bitcoin:  $2,772.30  ($+1.85)
Gold:  $1,270  (+$1.00)
Dow Jones Industrials:  21,891.12  (+60.81)
S&P 500:  2,470.30  (-1.80)

Nasdaq Composite:   6,348.12 
(-26.55)

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

Trading Summary Notes for Monday, 7/31/2017

  • Bitcoin set to test all time highs. New Highs Coming?
  • Let’s see what Aug. 1st (tomorrow) brings as to a “hard fork” (split)
  • Buy the dips on bitcoin. Looks like a break above $3,000 (all time highs) is coming
  • Gold looking to test $1,300. Solid momentum building
  • Buy gold on dips against sell stop at $1,250
  • LONG TERM BULLISH ON BITCOIN & GOLD

No Current TRADING Positions

Past Market:



Read our PRIOR daily commentaries on Bitcoin vs Gold here

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