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.
7/12/17 Closing Prices:
Bitcoin: $2,351.38 (-$6.39) Gold: $1,220 (+$4.00) Dow Jones Industrials: 21,532.14 (+123.07) S&P 500: 2,443.25 (+17.72) Nasdaq Composite: 6,261.17 (+67.87)
CME CF Bitcoin Reference Rate & CME CF Bitcoin Real Time Index
Trading Summary Notes for Wednesday, 7/12/2017:
- Bitcoin has big recent 'run up'. Now what?
- Bitcoin has big recent 'sell off'. Now what?
- Bitcoin settles down and takes a breather. THAT'S WHAT!
- Still very bullish on bitcoin long term
- Gold treading water in the low $1200's
- Don't be too bearish on the yellow metal.
- Look to accumulate gold and bitcoin on weakness……..$2,000-$2,100 (bitcoin) & $1185-$1200 (gold). Take your time.
- BUY LOW/SELL HIGH
No Current Trading Positions
Past Market:
Read our PRIOR daily commentaries on Bitcoin vs Gold here
See other content on bitcoin & digital currencies here