BITCOIN Goes Down a Little; GOLD Goes Up a Little; Wheeeee!! (11/14/17)

 Bitcoin Gold

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.

11/14/17 Closing Prices:

Bitcoin:  $6,591.00  (-$16.76)
Gold:  $1,281  (+$3.00)
Dow Jones Industrials:  23,409.47  (-30.23)
S&P 500:  2,578.87  (-5.97)

Nasdaq Composite:  6,737.87  (-19.72)

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

Trading Summary Notes for Tuesday, 11/14/2017

  • BITCOIN eases off and becomes a bit more stable. Calm before a new move?
  • BOUGHT BITCOIN @ $6,620. Looking for new move up.
  • New move up could see $8,000+
  • GOLD inches up on hotter inflation number here in the US
  • Gold looking to break out above $1,300. Next stop $1,350
  • LONG TERM BULLISH ON BITCOIN AND GOLD

CURRENT TRADING POSITION: LONG BITCOIN & LONG GOLD 

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

Read our PRIOR daily commentaries on Bitcoin vs Gold here