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.
7/24/17 Closing Prices:
Bitcoin: $2,786.94 (+$32.99) Gold: $1,255 (+$1.00) Dow Jones Industrials: 21,513.17 (-66.90) S&P 500: 2,469.91 (-2.63) Nasdaq Composite: 6,410.81 (-+23.05)
CME CF Bitcoin Reference Rate & CME CF Bitcoin Real Time IndexTrading Summary Notes for Monday, 7/24/2017
- Bitcoin back to the top of trading range $2,000 (+/-) to $3,000 (+/-)
- After big rally after avoiding "hard fork" (split) bitcoin seems to be resting
- Traders-BUY DIPS. Long term INVESTORS STAY LONG
- Gold still holding above $1250 after nice rally off $1205/$1210
- Buy gold on weakness. Use $1,225 as a sell stop point.
- Gold momentum gaining upside traction.
- As Always…….LONG TERM bullish on BITCOIN and GOLD.
No Current Trading Positions
Past Market:
Read our PRIOR daily commentaries on Bitcoin vs Gold here
See other content on bitcoin & digital currencies here