BITCOIN Moves Back Above $10K In Quiet Trading; GOLD Sleeps and Drops $2 (2/23/18)

 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.

2/23/18 Closing Prices:

Bitcoin:  $10,319.43  (-+$333.68) 
Gold:  $1,329 (-$2)
Dow Jones Industrials:  25,309.99  (+347.51)
S&P 500:  2,747.30  (+43.34)

Nasdaq Composite:  7,337.39 (+127.30)

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

Trading Summary Notes for Friday, 2/23/2018

  • BITCOIN wanders up over $10k. Moves lower after close
  • Is bitcoin stalled at $10K? Maybe for a short while
  • A little more retrenchment would not be out of line. $8,500-$9K?
  • GOLD slips $2 in very sleepy trading session
  • Moving forward, gold will begin to focus on inflation (bullish for gold)
  • Gold flashing bullish signals. Don’t be short gold
  • Top 2018 “HOT” picks……… long both BITCOIN & GOLD

CURRENT TRADING POSITION:  Long GOLD



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

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