BITCOIN JUMPS; $6,000 COMING? GOLD DUMPS (10/2/17)

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.

10/2/17 Closing Prices:

Bitcoin:  $4,413.90  (+$229.18)
Gold:  $1,271  (-$10.00)
Dow Jones Industrials:  22,557.60  (+152.51)
S&P500:  2,529.12   (+9.76) 

Nasdaq Composite:  6,516.72 
(+20.76)

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

Trading Summary Notes for Monday, 10/2/2017

  • Here we go bitcoin, here we go
  • Bitcoin upside momentum picking up. Next stop $6,000?
  • Bitcoin continues to shrug off any bad news. Dip buying works well
  • GOLD continues selloff. Should have support in the $1,250 area
  • Gold traders look at $1,255- $1,260 for a buying opportunity
  • LONG TERM BULLISH ON BITCOIN & GOLD

Current TRADING Positions:  LONG BITCOIN

Past Market

 

Read our PRIOR daily commentaries on Bitcoin vs Gold here
See other content on bitcoin & digital currencies here