BITCOIN Moving UP, Gaining Strength, Pushing $11K; GOLD Firm and Moving Up, Too (3/2/18)

 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.

3/2/18 Closing Prices:

Bitcoin:  $10,839.32  (+$138.64) 
Gold:  $1,321 (+$4)
Dow Jones Industrials:  24,538.06  (-70.92)
S&P 500:  2,691.25  (+13.58)

Nasdaq Composite: 7,257.87  (+77.31)

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

Trading Summary Notes for Friday, 3/2/2018

  • BITCOIN quietly moving higher. Moving toward $11K
  • Getting stronger, next move to $12K-$12,500
  • Move above $12k-$12,500 will be super positive. $15K after that?
  • GOLD sells off in early trade. Recovers to be up on the day
  • Trade war worries and inflation very positive for gold
  • Gold is getting ready to challenge $1,400……………at some point. $1,350 first
  • Top 2018 “HOT” picks……… long both BITCOIN & GOLD

CURRENT TRADING POSITION:  Long BITCOIN & GOLD



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

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